Kimber Co. Is in the process of liquidating and going out of business. The firm's accountant has provided the following balance she and additional Information $ 18,000 61,500 113,000 $192,500 $ 42,000 340,000 190.500) 396,300 $389,000 Assets Cash Accounts receivable Merchandise inventory Total current assets Land building equipment Leasi Accumulated depreciation Total land, building, equipment Total assets Liabilities and Stockholders' Equity Accounts payable Notes payable Total current liabilities Long-tera debt Total liabilities Stockholders' Equity Comotion stock, no par Retained earninga Total stockholders' equity Total Llabilities and stockholders' equity $49,600 56.600 $206,200 56,900 $161, 100 $ 110,000 117.900 227.900 $339,000 It is estimated that all but 12 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 $60.500. In addition to the labilities included in the balance sheet, $2,275 is owed to employees for their work since the last pay period, and interest of $5,375 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 calms are paid in full. Totalchavale educing sale of st) Tosh veto hold