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 Equipment $ 8,800 $ 5,300 $ 37,588 Accumulated depreciation $ 15,200 $ 2,500 $ 5,000 Accounts payable Common stock Retained earnings 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.) Current assets: Total current assets Plant and equipment: Mecca Copy Budgeted Balance Sheet Plant and equipment, net Total assets Assets Liabilities and Stockholders' Equity Current liabilities: Stockholders' equity: Total stockholders' equity Total liabilities and stockholders' equity