General Creditors' Claims (1)	Amount of Claim (2)	Application of 100% Distribution (3)	Distribution after Subordination Adjustment (4)	Percentage of Original Claim Received (5)
Accounts payable	$	$	$	%
Notes payable
Subordinated debentures
Total	$	$	$

Round your answer for monetary value to the nearest dollar and for percentage value to two decimal places.

The remaining $_____ will go to the common stockholders. They will receive only ______ % of the amount of equity on the balance sheet.

Southwestern Wear Inc. has the following balance sheet: $1,875,000 Accounts payable 1,875,000 Notes payable Subordinated debentures Total debt Common equity Total assets $3,750,000 Total liabilities & equity The trustee's costs total $244,250, and the firm has no accrued taxes or wages. Southwestern has no unfunded pension liabilities. The debentures are subordinated only to the notes payable. If the firm goes bankrupt and liquidates, how much will each class of investors receive if a total of $2.2 million is received from sale of the assets? Round your answers for monetary values to the nearest dollar and for percentage values to the nearest whole number. If your answer is zero, enter "0". Enter your answers as positive values. Current assets Fixed assets $ 375,000 750,000 750,000 $1,875,000 1,875,000 $3,750,000