ABC Corporation has filed for bankruptcy and will be undergoing liquidation. The statement of financial position on this date are as follows:

Cash	1,998,500	Accounts payable	1,898,750
Accounts receivables	5,964,000	Salaries payable	875,000
Inventory	1,500,000	Bonds payable	7,000,000
Prepaid expense	43,750	Loans payable	3,850,000
PPE, net	6,037,500	Note payable	1,400,000
Goodwill	900,000	Share capital	2,137,500
		Deficit	?

Additional information:

• The inventories have realizable values totaling P927,500
• The bonds payable are secured by all the PPE with realizable value of P6,300,000
• P1,050,000 of the accounts payable is secured by 25% of the accounts receivables, which is estimated to be 80% collectible. The remainder of the book value of receivables has a realizable value of P4,112,500 and is used to secure the loan payable.
• Other than the recorded liabilities, interest on bonds payable amounting to P70,000, trustee expense amounting to P43,750, and taxes amounting to P52,500 should be accrued.

2. What is the expected recovery per peso claim of the unsecured creditors?
3. How much is estimated to be received by the partially secured liabilities?