CL4 The carrying values and estimated fair values of the assets of Orville Company are as follows: Carrying Value Fair Value Cash Accounts Receivable .Inventory. .Land ..Building (net) .Equipment (net) .Total Debts of Orville are as follows: Accounts payable.... .Wages Payable (all have priority) P 20,000 45,000 60,000 75,000 180,000 170,000 What is the estimated dividend percentage? P 550,000 .Taxes payable... Notes payable (secured by receivable and inventory)... Interest on Notes Payable... .Bonds Payable (secured by land and Interest on bonds Payable. building) .Total ... P 20,000 30,000 35,000 70,000 100,000 80,000 P335,000 P 60,000 10,000 10,000 120,000 6,000 150,000 7,000 P 363,000

The carrying values and estimated fair values of the assets of Orville Company are as follows: Debts of Orvill What is the estimated dividend percentage