Business, 31.10.2019 02:31 nyjaelynn

Acompany preparing for a chapter 7 liquidation has the following liabilities: note payable a of $132,000 secured by land having a book value of $71,000 and a fair value of $91,000. note payable b of $162,000 secured by a building having a $81,000 book value and a $61,000 fair value. note payable c of $81,000, unsecured. administrative expenses payable of $41,000. accounts payable of $141,000. income taxes payable of $51,000. the company also has these other assets: cash of $12,800. inventory of $142,000 but with a net realizable value of $81,000. equipment of $132,000 but with a net realizable value of $71,000. how much will each of the company's liabilities be paid at liquidation?

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Acompany preparing for a chapter 7 liquidation has the following liabilities: note payable a of $13...

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