A company that was to be liquidated had the following liabilities: INCOME TAXES - 10,400 NOTES PAYABLE (SECURED BY LAND) - 156,000 ACCOUNTS PAYABLE - 107,900 SALARIES PAYABLE TO EMPLOYEES (15,000 FOR JOHN & 2,800 FOR ANN) - 17,800 BONDS PAYABLE - 81,000 ADMINISTRATIVE EXPENSES FOR LIQUIDATION - 26,000 The company had the following assets:

BOOK VALUE FAIR VALUE

CURRENT ASSETS - 104,000 42,900

LAND - 130,000 117,000

BUILDINGS & EQUIPMENT - 130,000 143,000

1.	Total assets available to pay liabilities with priority and unsecured creditors are calculated to be what amount?

2.	Total liabilities with priority are calculated to be what amount?

3.	Required: Assets available for unsecured creditors after payment of liabilities with priority are calculated to be what amount?

4.	Total unsecured nonpriority liabilities are calculated to be what amount?

5.	Total payment on notes payable is calculated to be what amount? (Round the payout percentage to one decimal place.)