Consider the  information for Evans, Inc. when the company entered bankruptcy proceedings:

Account	Balance per Books Dr (Cr)
Cash	$30,500
Accounts receivable	600,000
Inventory	100,000
Prepaid expenses	14,200
Buildings, net	800,000
Equipment, net	125,000
Goodwill	100,000
Wages payable	(80,000)
Taxes payable	(45,000)
Accounts payable	(980,000)
Notes payable	(305,000)
Common stock	(800,000)
Retained earnings—deficit	440,300
Total	$0

Inventory with a book value of $240,000 and realizable value of $35,000 is security for notes payable of $50,000. The equipment secures the remaining notes payable. Expected realizable values of the assets are:

Accounts receivable	$400,000
Inventory	150,000
Buildings	340,000
Equipment	75,000

The prepaid expenses and goodwill have a realizable value of zero. The entire wages payable balance is a priority liability.

Required

Compute the estimated deficiency to unsecured creditors.

Do not use negative signs with any of your answers below.

Assets pledged to fully-secured creditors	Answer
Less: Liabilities to fully-secured creditors	Answer
Available as free assets	Answer
Unpledged assets	Answer
Less: Unsecured liabilities with priority	Answer
Net free assets	Answer
Liabilities to partially-secured creditors	Answer
Less: Assets pledged to partially-secured creditors	Answer
Unsecured portion	Answer
Unsecured liabilities	Answer
Total unsecured liabilities	Answer
Estimated deficiency to unsecured creditors	Answer