14. Arrange the following items in proper balance sheet presentation:

Accumulated depreciation............................................................................. $200,000 Retained earnings......................................................................................... 110,000 Cash............................................................................................................. 5,000 Bonds payable............................................................................................... 142,000 Accounts receivable....................................................................................... 38,000 Plant and equipment— original cost............................................................... 720,000 Accounts payable........................................................................................... 35,000 Allowance for bad debts................................................................................. 6,000 Common stock, $1 par, 100,000 shares outstanding.................................. 150,000 Inventory....................................................................................................... 66,000 Preferred stock, $50 par, 1,000 shares outstanding.................................... 50,000 Marketable securities..................................................................................... 15,000 Investments................................................................................................... 20,000 Notes payable............................................................................................... 83,000 Capital paid in excess of par (common stock).............................................. 88,000