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Chesterfield Company holds cash of $ 5 5 , 0 0 0 , inventory worth $ 1 0 0 , 0 0 0 , and

Chesterfield Company holds cash of $55,000, inventory worth $100,000, and a building worth $135,000. Unfortunately, the company also has accounts payable of $185,000, a note payable of $85,000(secured by the inventory), liabilities with priority of $21,700, and a bond payable of $160,000(secured by the building).
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In a Chapter 7 bankruptcy, how much money should the holder of the bond expect to receive?

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