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 Accounts receivable Supplies inventory Equipment ? $ 10,000 $ 4,400 $ 43,500 Accumulated depreciation Accounts payable Common stock Retained earnings $ 17,600 $ 3,700 $ 5,000 ? The beginning balance of retained earnings was $36,000, net income is budgeted to be $20,500, and dividends are budgeted to be $3,700. Required: Prepare the company's budgeted balance sheet. (Amounts to be deducted should be indicated by a minus sign.) Mecca Copy Budgeted Balance Sheet Current assets: Cash Accounts receivable Supplies inventory Total current assets Plant and equipment: Equipment Accumulated depreciation Assets $ 0 Plant and equipment, net 0 Total assets $ 0 Liabilities and Stockholders' Equity Current liabilities: Accounts payable Stockholders' equity: Common stock Retained earnings Total stockholders' equity 0 Total liabilities and stockholders' equity $ 0