Exercise 8-9 (Algo) Budgeted Balance Sheet [LO8-10] The management of Mecca Copy, a photocopying center located on University Avenue, has compiled the following data to use in preparing its budgeted balance sheet for next year: The beginning batance of retained earnings was $28,000, net income is budgeted to be $17,800, and dividends are budgeted to be $3700 Required: Prepare the comparty's budgeted balance sheet. (Amounts to be deducted should be indicated by o minus sign.)