The Management of FastCopy Inc, a Photocopying center located on Morris Ave, In Union NJ, completed the following data for use in preparing its budgeted balance sheet for the next year: Ending Balances Cash ? Accounts Recievable $8,100 Supplies Inventory $3,200 Equipment $34,000 Accumulated Depreciation $16,000 Accounts Payable $1,800 Common Stock $5,000 Retained Earnings ? The beginning balance of retained earnings was $28,000, net income is budgeted to be $11,500, and dividends are budgeted to be $4,800