Ataway Company has severe financial difficulties and is considering filing a bankruptcy petition. At this time, it has the following assets and liabilities. The assets are stated at net realizable value. Assets (pledged against debts of $87,000) Assets (pledged against debts of $164,000) Other assets Liabilities with priority Other unsecured creditors $ 150,000 67,000 97,000 81,500 217,000 In a liquidation, how much money would be paid on the partially secured debt? Payment on partially secured debt The Walston Company is to be liquidated and has the following liabilities: Income taxes Notes payable (secured by land) Accounts payable Salaries payable (evenly divided between two employees) Bonds payable Administrative expenses for liquidation $ 3,200 152,000 101,000 22,000 86,000 36,000 The company has the followinig assets: Current assets Land Buildings and equipment Book Value $ 96,000 116,000 116,000 Fair Value $ 51,000 106,000 150,000 How much money will the holders of the notes payable collect following liquidation? Total amount collected