20 . The following amounts were taken from the statement of affairs for Aray Company:

Unsecured liabilities with priority

P 52,500

Stockholders equity

189,000

Estimated liquidation expenses that have not been entered in the accounting records

23,625

Unsecured liabilities without priority

472,500

Loss on realization of assets

236,250

What is the amount of total free assets?

Group of answer choices

425,250

408,675

401,625

454,125