mework i Saved 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. Cash Accounts receivable: Supplies inventory Equipment Accumulated depreciation. Accounts payable Common stock Retained earnings Ending Balances ? $ 8,700 $5,100 $ 37,000 $ 15,000 $2,400 $5,000 The beginning balance of retained earnings was $34,000, net income is budgeted to be $18.700, and dividends are budgeted to be $5,200. Required: Prepare the company's budgeted balance sheet. (Amounts to be deducted should be Indicated by a minus sign.) Mecca Copy Budgeted Balance Sheet