Arrange the following items in proper balance sheet presentation: (Amounts to be deducted should be indicated with parentheses or a minus sign.)

Accumulated depreciation

$

377,000

Retained earnings

87,000

Cash

12,000

Bonds payable

215,000

Accounts receivable

52,000

Plant and equipmentoriginal cost

844,000

Accounts payable

38,000

Allowance for bad debts

13,000

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

100,000

Inventory

66,000

Preferred stock, $56 par, 1,000 shares outstanding

56,000

Marketable securities

26,000

Investments

22,000

Notes payable

41,000

Capital paid in excess of par (common stock)

95,000

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Balance Sheet
Assets			Liabilities and Stockholders Equity
Current Assets:			Current Liabilities:
			Total current liabilities	$0
			Long-term liabilities
Net accounts receivable		$0
Total current assets		$0	Total liabilities	$0
Other Assets:			Stockholders Equity:
Fixed assets:
Net plant and equipment		0	Total stockholders equity	$0
Total assets		$0	Total liabilities and stockholders equity	$0