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 Bal s 8.400 5 4,500 s 35,500 14,400 2,100 $ 5,000 Accounts receivable Supplies inventory Equippent lated depreciation Conmon stock The beginning balance of retained earnings was $31,000, net income is budgeted to be $15.100, and dividends are budgeted to be $5,000. Prepare the company's budgeted balance sheet. (Amounts to be deducted should be indicated by a minus sign.) Prev 1 of 1 4 1 9 2 The beginning balance of retained earnings was $31,000, net income is budgeted to be $15,100, and dividends are budgeted to be $5,000. Required: Prepare the company's budgeted balance sheet (Amounts to be deducted should be indicated by a minus sign.) Current liabilities 20 p 5 6 2