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A company preparing for a Chapter 7 liquidation has listed the following liabilities: - Note payable A of $110,000 secured by land having a book

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A company preparing for a Chapter 7 liquidation has listed the following liabilities: - Note payable A of $110,000 secured by land having a book value of $60,000 and a fair value of $80,000 - Note payable B of $140,000 secured by a building having a $70,000 book value and a $50,000 fair value - Note payable C of $70,000, unsecured - Administrative expenses payable of $30,000. - Accounts payable of $130,000. - Income taxes payable of $40,000. The company also has these other assets: - Cash of $16.800. - Inventory of $120,000 but with a net realizable value of $70,000 - Equipment of $110,000 but with a net realizable value of $60,000 Based on this information, how much will each of the company's liabilities be paid at liquidation

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