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 $ 8.500 Supplies inventory $4,700 Equipment $ 36,000 Accumulated depreciation $ 14,600 Accounts payable $ 2,200 Connon stock $ 5,000 Retained earnings 7 The beginning balance of retained earnings was $32.000, net income is budgeted to be $16,300, and dividends are budgeted to be $2,700 Required: Prepare the company's budgeted balance sheet. (Amounts to be deducted should be indicated by a minus sign) Mecca Copy Budgeted Balance Sheet Assets Current assets Cash Accounts receivable Supples inventory 8.500 4.700