nework 1 Arrange the following items in proper balance sheet presentation: (Amounts to be deducted should be indicated with parentheses or a minus sign.) Accumulated depreciation 317,000 141,000 17,000 167,000 57,000 773,000 40,000 12,000 100,000 68,000 51,000 26.000 20,000 36,000 97,000 Retained earnings Cash Bonds payable Plant and equipment-original cost Accounts payable Allowance for bad debts Common stock, $1 par, 100,000 shares outstanding Inventory Preferred stock, $51 par, 1,000 shares outstanding Notes payable Capital paid in excess of par (common stock) Balance Sheet Assets Liabilities and Stockholders Eauitv