The management of Mecca Copy, a photocopying center located on University Avenup, has compiled the following data to use in preparing its budgeted balance sheet for next year. Accounts receivable Supplies inventory Equipment Accumulated depreciation Accounts payable Common stock $ $ S 8.500 4.700 38 000 The beginning balance of retained eamings 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 Total current assets Plant and equipment Plant and equipment, net 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) Mooca Copy Budgeted Balance Sheet Assets Current assets Total current assets Plant and equipment: Plant and equipment, not Totalsts Liabilities and Stockholders' Equity Current Babies Stockholders' equity Total stockholders' equity Total abities and stockholders' equity