Prepare professional looking balance sheet for ABD company, dated Dec. 31, 2013:

Accounts payable........................................ $290,000

Cash.............................................................. 435,000

Inventory........................................................ 420,000

Common Stock ( $1 : 00 par)......................... 285,000

Accounts receivable....................................... 486,000

Allowance for bad debt.................................... 74,000

Paid-in-capital................................................ 512,000

Retained Earnings .......................................... ?

Plant and equipment................................... 1,715,000

Accumulated Depreciation............................ 438,000

Bonds payable.............................................. 955,000

Wages payable............................................ 290,000

Taxes payable .................................................66,000