Arrange the following items in proper balance sheet presentation:

Accumulated depreciation.................................................... $309,000

Retained earnings.................................................................. 187,000

Cash....................................................................................... 14,000

Bonds payable....................................................................... 136,000

Accounts receivable.............................................................. 54,000

Plant and equipment—original cost..................................... 775,000

Accounts payable.................................................................. 35,000

Allowance for bad debts....................................................... 9,000

Common stock, $1 par, 100,000 shares outstanding............ 100,000

Inventory............................................................................... 70,000

Preferred stock, $59 par, 1,000 shares outstanding.............. 59,000

Marketable securities............................................................ 24,000

Investments........................................................................... 20,000

Notes payable........................................................................ 34,000

Capital paid in excess of par (common stock)..................... 88,000