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 ? $ 10, 100 $ 4,680 $ 44,000 $ 17,800 $ 3,800 $ 5,000 es ? The beginning balance of retained earnings was $37,000, net income is budgeted to be $21,700, and dividends are budgeted to be $4300 Budgeted Balance Sheet Assets Current assets: Cash Accounts receivable Supplies inventory 10,100 4,600 $ 14,700 44,000 (17,800) Total current assets Plant and equipment: Equipment Accumulated depreciation Plant and equipment, net Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Stockholders' equity Common stock $ Retained earnings 26,200 40,900 $ $ 3,800 5,000 37,000 Total stockholders' equity Total liabilities and stockholders' equity 42,000 45,800 $