1. Arrange the following items in proper balance sheet presentation;

Accumulated depreciation Retained earnings 35,000 6,000 33,00 Cash $300,000 Accounts payab 96,000 Allowance for bad de 10,000 Notes payabl 136,000 Common stock, $1 F 48,000 @100,000 shares outstan 680,000 Preferred stock, $50F 100,000 Bonds payable Accounts receivable Plant and equipment-origin cost Inventory 50,000 Marketable securities 66,000 @1,000 shares outstanc 20,00 Paid-in capital in excess of 20,000 (common stoc Investments 88,000 10,00 Balance Sheet Current Assets: Cash Marketable Securities Accounts Receivable Less: Allowance for bad debts Inventory Total Current Assets Other Assets: Investment Fixed Assets: Plant and equipment Less: Accumulated depreciation ** Net plant and equipment Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Notes payable Total Current Liabilities Long-term Liabilities Bonds payable Total liabilities Stockholders' equity: Preferred stock ($50 par @ 1,000 shares) Common stock ($1 par @100,000 shares) Capital paid in excess of par Retained earnings Stockholders' equity Total liabilities and stockholders' equity