Exercise 8-9 Budgeted Balance Sheet (L08-10] 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: Ending Balances Cash Accounts receivable Supplies inventory Equipment Accumulated depreciation Accounts payable Common stock Retained earnings $ 10,00 $ 4,400 $ 43,500 $ 17,600 $ 3.700 $ 5,000 > The beginning balance of retained earnings was $36,000, net income is budgeted to be $20,500, and dividends are budgeted to be $3,700. Required: Prepare the company's budgeted balance sheet (Amounts to be deducted should be indicated by a minus sign) Mecca Copy Budgeted Balance Sheet Assets Current assets