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longshore inc. has $12 million in mortgage bonds, $20 million owed to general creditors, $2 million in subordinated sebentures, and $9 million par value of
longshore inc. has $12 million in mortgage bonds, $20 million owed to general creditors, $2 million in subordinated sebentures, and $9 million par value of common stock. The company has sold its northage assets for $5 million and other assets for $9 million. How would the distrubition in bankruptcy be made?
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