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: Ending Balances Cash 2 Accounts receivable $ 9,500 Supplies inventory $3,400 Equipment $ 41,000 Accumulated depreciation $ 16,600 Accounts payable $ 3,200 Common stock $5,000 Retained earning The beginning balance of retained earnings was $31,000, net income is budgeted to be $21.400, and dividends are budgeted to be $3,900. Required: Prepare the company's budgeted balance sheet. (Amounts to be deducted should be indicated by a minus sign.) Prepare the company's budgeted balance sheet. (Amounts to be deducted should be indicated by a minus sign.) Mecca Copy Budgeted Balance Sheet Assets Current assets: Total current assets Plant and equipment: Plant and equipment, not Total assets Liabilities and Stockholders' Equity Current liabilities Stockholders' equity Total stockholders' equity Total liabilities and stockholders' equity