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 earning Ending Balances 7 $ 9,800 $ 4,000 $ 42,500 $ 17,200 $ 3,500 $ 5,000 7 The beginning balance of retained earnings was $34,000, net income is budgeted to be $18,100, and dividends are budgeted to be + $4,100 Required: Prepare the company's budgeted balance sheet. (Amounts to be deducted should be indicated by a minus sign.) Mecan Copy Budgeted Balance Sheet Assets Current asset Cash $ Acoounts recolvablo Supplies Inventory 42.700 9,800 4,000 Check my work View previo Mecca Copy Budgeted Balance Sheet Assets Current as Cash $ Accounts receivable Supplies inventory 42.700 9,800 4,000 $ 56,500 Total current sets Plant and equipment Equipment Accumulated depreciation Plant and equipment, nel 42,500 (17.200) 25.300 31.000 Liabilities and Stockholders' Equity Curs ni payable Methode equity Canon 5 5 3.500 5.000 48.000 Toto ochory Tales and stockholders equity 63,000 60,000 5