Creditors of Jones Corporation are considering petitioning the courts to force the company into Chapter 7 bankruptcy. The following Information has been determined. Administrative expenses in connection with the liquidation are estimated to be $31,000. Net Realizable Value $ 15,000 27,000 40,000 0 17,000 81,000 77.000 44,000 Book Value $ 15,000 41,000 54,000 12,000 11,000 69,000 99,000 59,000 74,000 96,000 133,000 79,000 15,000 22,600 Cash Accounts receivable Inventory Supplies Investments Land Buildings Equipment Notes payable (secured by land) Notes payable (secured by buildings) Bonds payable (secured by equipment) Accounts payable Salaries payable (two weeks' salary for three employees) Taxes payable What is the amount of money that each class of creditors can anticipate receiving? What is the amount of money that each class of creditors can anticipate receiving? Amounts Free assets Liabilities with priority Free assets after payment of liabilities with priority Unsecured liabilities Payment on notes payable (secured by land) Payment on notes payable (secured by buildings) Payment on bonds payable Payment on accounts payable unsecured) Payment of salaries payable Payment of taxes payable Payment of administrative expenses