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 $ 3,800 Equipment Accumulated depreciation Accounts payable 3,400 Common stock Retained earnings $ 9,700 $42,000 $17,000 5,000 The beginning balance of retained earnings was $33,000, net income is budgeted to be $16,900, and dividends are budgeted to be $3,500. Required 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, net Total assets Liabilities and Stockholders' Equit Current liabilities Stockholders' equity Total stockholders' equit Total liabilities and stockholders' equit