How much cash would have been paid to an unsecured nonpriority creditor who was owed a total of 1,300 by Mount Inc. (Round the payout percentage to a whole number.)

Srudent Mount Inc. was a hardware store that operated in Boise, Idaho. Management made acquisitions that loaded the store with unsalable merchandise. Due to the decline in revenues, became insolvent. Following is a trial balance as of March 15, 2011, the day the company filed for a Chapter7 liquidation. some poor inventory the company Debit Credit Accounts payable Accounts receivable Accumulated depreciation bilding Accumulated depreciationequipment Additional paid -in capital Advertising payable Building Cash Common stock Equipment Inventory S 42,900 S 32,500 65,000 20,800 10,400 5,200 104,000 1,300 65,000 39,000 130,000 19,500 13,000 Land Note payable Idaho Savings and Loan (secured by lien on land and building) Note payable-Second National Bank (secured by 91,000 equipment) Payroll taxes payable Retained earnings (defieit) Salanes payable (split equally between two employees) 195,000 1,300 163,800 6,500 03.100 . Totals 503.100 Company officials believed that sixty percent of the accounts receivable could be liquidated. The building and land had a fair value of $97,500, while the equipment was worth $24,700. The investments represented shares of a publicly traded company that could be sold at the time for $27,300. The entire inventory could be sold for only $42,900. Administrative expenses necessary to carry out a liquidation collected if the company was would have approximated $20,800