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A company going through a Chapter 7 bankruptcy has the following account balances:Cash$ 3 6 , 0 0 0 Receivables ( 3 0 % collectible

A company going through a Chapter 7 bankruptcy has the following account balances:Cash$ 36,000Receivables (30% collectible)56,000Inventory (worth $36,600)96,000Land (worth $162,000)(secures note payable)130,000Buildings (worth $210,000)(secures bonds payable)260,000Salaries payable (4 workers owed equal amounts for last 2 weeks)13,000Accounts payable96,000Note payable (secured by land)140,000Bonds payable (secured by building)360,000Common stock160,000Retained earnings(170,000)Required:How much will be paid to each of the following?Salaries payableAccounts payableNote payableBonds payable

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