1. Balance Sheet Presentation: Required: Arrange the following items in proper Balance Sheet presentation: (Amounts to be deducted should be indicated with parentheses or a minus sign.) Accumulated depreciation Retained earnings 302,000 105,000 Cash Bonds payable 18,000 167,000 Accounts receivable 52.000 Plant and equipment-original cost 731,000 Accounts payable 39,000 Allowance for bad debts. 11,000 Common stock, $1 par, 100,000 shares 100,000 outstanding Inventory 67,000 Preferred stock, $59 par, 1,000 shares 59,000 outstanding Marketable securities 27,000 Investments 22,000 Notes payable 40,000 Capital paid in excess of par (common stock) 94,000