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 $ $ 9,400 3,200 40, see Cash Accounts receivable Supplies inventory Equipment Accumulated depreciation Accounts payable Common stock Retained earnings 32 The beginning balance of retained earnings was $30,000, net income is budgeted to be $20,200, and dividends are budgeted to be $3,300 Required: Prepare the company's budgeted balance sheet (Amounts to be deducted should be indicated by a minus sign.)