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 ? $ 8,600 4,900 Accounts receivable Supplies inventory Equipment Accumulated depreciation Accounts payable $36,500 $ 14,800 $ 2,300 Common stock 5,000 Retained earnings ? The beginning balance of retained earnings was $33,000, net income is budgeted to be $17,500, and dividends are budgeted to be $3,300. Required: Prepare the company's budgeted balance sheet. (Amounts to be deducted should be indicated by a minus sign.) Budgeted Balance Sheet Assets Current assets: Total current assets 0 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 $