Chesterfield Company holds cash of $$60,000,$ inventory worth $$110,000,$ and a building worth $$140,000.$ Unfortunately, the company

also has accounts payable of $$190,000,$ a note payable of $$90,000($secured by the inventory$),$ liabilities with priority of $$22,800,$ and a

bond payable of $$170,000($secured by the building$).$

In a Chapter $7$ bankruptcy, how much money should the holder of the bond expect to receive?

Total amount received by bond holders