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 $ 8,100 Supplies inventory $ 3,200 Equipment $ 34,000 Accumulated depreciation $ 16,000 Accounts payable $ 1.800 Common stock $5,000 Retained earnings The beginning balance of retained earnings was $28.000, net income is budgeted to be $11.500, and dividends are budgeted to be $4,800 Required: Prepare the company's budgeted balance sheet (Amounts to be deducted should be indicated by a minus sign.) Required: Prepare the company's budgeted balance sheet. (Amounts to be deducted should be indicated by a mine Mecca Copy Budgeted Balance Sheet Assets Current assets ces Total current assets Plant and equipment: Plant and equipment, net Total assets Liabilities and Stockholders' Equity Current liabilities: Stockholders' equity: Total stockholders' equity Total liabilities and stockholders' equity