Information			Solution:
Accumulated Depreciation	$300,000			Assets		Liabilities and Stockholders' Equity
Retained Earnings	$96,000			Current Asssets:		Current Liabilities:
Cash	$10,000			Cash		Accounts Payable
Bonds Payable	$136,000			Marketable Securities		Notes Payable
Accounts Receivable	$48,000			Accounts Receivable		Total current liabilities
Plant and Equipment - Original Cost	$680,000			Less: Allowance for bad debt		Long-term Liabilities:
Accounts Payable	$35,000			Inventory		Bonds Payable
Allowance for bad debt	$6,000			Total Current Assets		Total Liailities
Common Stock, $1 par, 150,000 shs. outstanding	$100,000			Other Assets:		Stockholders' Equity
Inventory	$66,000			Investments		Preffered Stock, $50 par, 1,000 outstanding
Prefered Stock, $50 par, 1,000 shs. Outstanding	$50,000			Fixed Assets:		Common Stock, $1 par, 150,000 outstanding
Marketable securities	$20,000			Plant & Equipment		Capital paid in excess of par (common stock)
Investments	$20,000			Less: Accumulated Dep.		Retained earnings
Notes Payable	$33,000			Net Plant & Equipment		Total Stockholders' Equity
Capital paid in excess of par (common stock)	$88,000			Total Assets		Total Liabilities and stockholders' Equity