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Liquidation Southwestern Wear Inc. has the following balance sheet: Current assets $1,875,000 Accounts payable $ 375,000 Fixed asset: 1,875,000 Notes Dayabie 750,000 Subordinated debentures 750,000

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Liquidation Southwestern Wear Inc. has the following balance sheet: Current assets $1,875,000 Accounts payable $ 375,000 Fixed asset: 1,875,000 Notes Dayabie 750,000 Subordinated debentures 750,000 Total debt m Common equity 1,875,000 Total assets $3,750 000 Total liabilities &equitv $3,750,000 The trustee's costs totai $309,750, and the rm has no accrued taxes or wages. Southwestern has no unfunded pension liabilities. The debentures are subordinated oniy to the notes payable. If the rm goes bankrupt and liquidates, how much wili each class of investors receive ifa total of $2.8 positive vaiuseL n is received from saie of the assets? Round Your answers for monetary values to the nearest dollarand for oercentaue values to the nearest whole number. If your answer is zero, enter "'0\". Enter your answers as Distribution of proceeds on liquidation: Proceeds from the sale of assets i LE5: First mortgage (paid from the sale ofxed assets) Fees and expenses of bankruptcy Wages due to workers within 3 months of bankruptcy Taxes due to Federai, state, and local governments Unfunded pension ' ' F'PPN!' ' 'es Funds available for distribution to generai creditors 3 Distribution to generai creditors: Distribution after Percentage of General Creditors' Application of 100% Subordination D ginal Cl im Claims Amount of Claim Dis Adjustment Received (1) (2) (3) (4) (5) Accounts payable is $ $ % Notes payabie Subordinated debentures Total ti $ $ Round your answer for monetary vaiue to the nearest dollar and for percentage value to two decimai places. The remaining is wili go to the common stockholders. They will receive oniy \"In of the amount of equity on the balance sheet

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