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For how much do these free assets have to be sold so that the creditors associated with Debt 2 receive exactly $142,000? Sale price??? Mondesto

For how much do these free assets have to be sold so that the creditors associated with Debt 2 receive exactly $142,000?

Sale price???

Mondesto Company has the following debts:

Unsecured creditors$230,000 Liabilities with priority110,000 Secured liabilities:Debt 1, $210,000; value of pledged asset180,000 Debt 2, $170,000; value of pledged asset100,000 Debt 3, $120,000; value of pledged asset140,000

The company also has a number of other assets that are not pledged in any way. The creditors holding Debt 2 want to receive at least $142,000.

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