Exercise 8.9 (Static) Budgeted Balance Sheet [LO8-10] The management of Mecca Copy, a photocopying center locoted on University Avenue, has compiled the following data to use in preporing its budgeted balance shicet far next year: The beginning balance of retained earnings was 528,000 , net incorte is buogeted to be 311,500 and alwilenats are budgeted to be taveoo Required Prepsre the comparyys budgeted bsiance sheet. (Amounts to be deducted shouat be indicated by a minus sign)