E18-5 Financial reporting during bankruptcy-Distributions to creditors Hol is in bankruptcy and is being liquidated by a court-appointed trustee. The financial report that follows was prepared by the trustee just before the final cash distribution: $300,000 $180,000 Assets Cash Approved Claims Mortgage payable (secured by properly that was sold for $100,000) Accounts payable, unsecured Administrative expenses payable, unsecured Salaries payable, unsecured Interest payable, unsecured Total approved claims 160,000 16,000 4,000 20,000 $380,000 The administrative expenses are for trustee fees and other costs of administering the debtor corporation's estate. REQUIRED: Show how the $300,000 cash will be distributed to holders of each of the claims