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The management of Academic Copy, a photocopying center located on University Avenue, has compiled the following data to use in preparing its budgeted Balance sheet

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The management of Academic Copy, a photocopying center located on University Avenue, has compiled the following data to use in preparing its budgeted Balance sheet for next year The beginning balance of retained earnings was $32.000. net income is budgeted to be $ 13.000. and dividends are budgeted to be $4.700.Prepare the company's budgeted balance sheet (Amounts to be deducted should be indicated by a minus sign.)

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