A company that was to be liquidated had the following liabilities: Income Taxes Notes Payable secured by land Accounts Payable Salaries Payable ($18,000 for Employee #1 and $5,000 for Employee #2) Administrative expenses for liquidation $ 15,000 120,000 48,000 23,000 25,000 The company had the following assets: Current Assets Land Building Book Fair Value Value $130,000 $115,000 60,000 100,000 175,000 220,000 Total assets, available to pay liabilities with priority and unsecured creditors, are calculated to be what amount? Multiple Choice O $305,000 $100 000 Next > Multiple Choice $305,000 $100,000 $365,000 $320,000 $335.000 Next >