Kimber Co. is in the process of liquidating and going out of business. The firm's accountant has provided the following balance sheet and additional information: Assets Cash Accounts receivable Merchandise inventory Total current assets $ 16,500 63,500 114,000 $ 194,000 Land $ 50,000 345,500 (190,500) 205,000 $ 399,000 $ 48,400 58,500 Buildings equipment Less: Accumulated depreciation Total land, buildings, & equipment Total assets Liabilities and Stockholders' Equity Accounts payable Notes payable Total current liabilities Long-term debt Total liabilities Stockholders' Equity Common stock, no par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 106,900 53,200 $ 160,100 $ 110,000 128,900 238,900 $ 399,000 It is estimated that all but 16 percent of the accounts receivable can be collected, and that the merchandise inventory can be disposed of in a liquidation sale for 85 percent of its cost. Buildings and equipment can be sold at $40,000 above book value (the difference between original cost and accumulated depreciation shown on the balance sheet), and the land can be sold at its current appraisal value of $63,000. In addition to the liabilities included in the balance sheet, $2,050 is owed to employees for their work since the last pay period, and interest of $5,285 has accrued on notes payable and long-term debt. Required: a. Calculate the amount of cash that will be available to the stockholders if the accounts receivable are collected, the other assets are sold as described, and all liabilities and other claims are paid in full. Total cash available (including sale of assets) Total cash available to stockholders $ 0