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 Ending Balances $ 8,800 Supplies inventory $ 5,300 Equipment $ 37,500 Accumulated depreciation $ 15,200 Accounts payable Common stock Retained earnings $ 2,500 $ 5,000 The beginning balance of retained earnings was $35,000, net income is budgeted to be $19,900, and dividends are budgeted to be $2,900 Required: Prepare the company's budgeted balance sheet. (Amounts to be deducted should be indicated by a minus sign.) Mecca Copy Assets Current assets Total current assets Plant and equipment Budgeted Balance Sheet Plant and equipment, net Total assets Liabilities and Stockholders' Equity Current Sabilities Stockholders' equity $ Total stockholders' equity Total liabilities and stockholders' equity $