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m. A trustee has been appointed for Pace Inc., which is being liquidated under Chapter 7 of the Bankruptcy Code. The following occurred after the assets were transferred to the trustee: 5 points 1. Sales on account by the trustee were $76.900. Cost of goods sold were $61,300. consisting of all inventory transferred from Pace. 2. The trustee sold all $12,800 worth of marketable securities for $9.900. 3. Receivables collected by the trustee: eBook old: New: $20,500 of the $39,000 transferred $46,200 Print 4. Depreciation of $16,400 on the plant assets of $96,600 transferred from Pace recorded. 5. Disbursements by the trustee: References old current payables: Trustee's expenses: $22,588 of the $49,780 transferred $ 4,909 Required: Prepare a statement of realization and liquidation according to the traditional approach illustrated in the chapter. m. old current payables: Trustee's expenses: $22,5ea of the $49,700 transferred $ 4,900 Required: Prepare a statement of realization and liquidation according to the traditional approach illustrated in the chapter. 5 points PACE CORPORATION Statement of Realization and Liquidation Assets Assets Realized eBook Assets to be Realized Print References Assets Acquired Assets Not Realized Supplementary Items Supplementary Credits Supplementary Charges Liabilities Liabilities to be Liquidated Liabilities Liquidated Liabilities Not Liquidated Liabilities incurred