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 Value $130,000 60,000 175,000 Fair Value $115,000 100,000 220,000 Total unsecured non-priority liabilities are calculated to be what amount? Multiple Choice $23,000 $48,000. $72,350. $91,000. $97,350. Book Value Net Realizable Value $ 20,000 80,000 360,000 100,000 350,000 Cash Accounts receivable Inventory Land Building and equipment Accounts payable Salaries payable Notes payable (secured by inventory) Employees' claims for contributions to pension plans Taxes payable Liability for accrued expenses onds payable Common stock Additional paid-in capital Retained earnings (deficit) $ 20,000 125,000 360,000 130,000 740,000 120,000 80,000 320,000 12,000 85,000 28,000 500,000 250,000 120,000 (140,000) Of the salaries payable, $35.000 was owed to an officer of the company. The remaining amount was owed to salaried employees who had not been paid within the previous 80 days: Barbara Jones was owed $11.200, Denise Graham was owed $18,700, John Sanders was owed $12,100, and Robert Walters was owed $3.000. The maximum owed for any one employee's claims for contributions to benefit plans was $800. Estimated expense for administering the liquidation amounted to $45.000. What was the total amount of unsecured liabilities with priority? Multiple Choice $120.000 $245,000. $181.950 $184,300. O $222.000