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User 4 0 pointsReferencesCheck my workCheck My Work button is now disabled 1 Item 2 Problem 2 - 1 7 Arrange the following items in

User40pointsReferencesCheck my workCheck My Work button is now disabled1Item 2Problem 2-17Arrange the following items in proper balance sheet presentation: (Be sure to list the assets in order of their liquidity. Input all answers as positive values.) Accumulated amortization$245,000 Retained earnings189,200 Cash14,000 Bonds payable136,000 Accounts receivable53,000 Plant and equipmentoriginal cost720,000 Accounts payable45,000 Allowance for bad debts5,800 Common stock, 100,000 shares outstanding178,000 Inventory76,000 Preferred stock, 1,000 shares outstanding65,000 Marketable securities20,000 Investments24,000 Notes payable43,000 Balance SheetAssetsLiabilities and Shareholders Equity Current Assets: Current Liabilities: (Click to select) $ (Click to select)$ (Click to select)(Click to select)(Click to select)$ (Click to select) Total current liabilities Long-term liabilities (Click to select)(Click to select) Total current assets Total liabilities Other Assets: Shareholders Equity: (Click to select)(Click to select) Capital assets: (Click to select)(Click to select)(Click to select)(Click to select) Net plant and equipment Total shareholders equity Total assets $ Total liabilities and shareholders equity$
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