Exercise 8-9 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: Ending Balances Cash Accounts receivable Supplies inventory Equipnent 9.600 3,600 41,500 Accumulated depreciation 16,800 3,300 eBook Accounts payable Common stock Hint $ 5,000 The beginning balance of retained earnings was $32.000, net income is budgeted to be $15,700, and dividends are budgeted to be $5.800 Print ReferencesRequired: Prepare the company's budgeted balance sheet. (Amounts to be deducted should be indicated by a minus sian.J Prepare the company's buageted baiance sheet. (Amounts to be deducted should be indicated by a minus sign. Mecca Copy Budgeted Balance Sheet 1.48 points Assets Current assets: eBook Hint Total current assets Plant and equipment Print Plant and equipment, net Total assets Liabilities and Stockholders' Equity Current liabilities: References Total stockholders' equity Total labilities and stockholders' equity Prev 7 of 7