Kimber Co. is in the process of liquidating and going out of business. The firms accountant has provided the following balance sheet and additional information:

Assets
Cash		$15,000
Accountsreceivable		$60,000
Merchandise inventory		$114,000
Total current assets			$189,000
Land		$47,000
Buildings &equipment		$349,500
Less: Accumulated depreciation		(190,000	)
Total land, buildings, & equipment			$206500
Total assets			$395,500
Liabilities and Stockholders Equity
Accounts payable		$47,500
Notes payable		56,700
Total current liabilities			$104,200
Long-term debt			$51,800
Total liabilities					$156,000
Stockholders Equity
Common stock, no par		$110,000
Retained earnings		$129,500
Total stockholders equity					$239,500
Total liabilities and stockholders equity					$395,500

It is estimated that all but 9 percent of the accounts receivable can be collected, and that the merchandise inventory can be disposed of in a liquidation sale for 80 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 $62,000. In addition to the liabilities included in the balance sheet, $2,110 is owed to employees for their work since the last pay period, and interest of $5,125 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)
			0
Total cash available to stockholders			$0