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Mondesto Company has the following debts: table [ [ Unsecured creditors,$ 2 3 0 , 0 0 0 32. Mondesto Company has the following
Mondesto Company has the following debts:
tableUnsecured creditors,$
32. Mondesto Company has the following debts: Unsecurd creditors Liabilities with priority Secured liabilities: Debt 1, $210,000; value of pledged asset Debt 2.$170,000; value of pledged asset Debt 3, $120,000; value of pledged asset $230,000 110,000 180,000 100,000 140,000 The companyabo has a number of other assets that are not pledged in any way. If the company is liquidated, the creditors holding Debt 2 want to receive at least $ 142,000. How much cash in total must be generated from the free assets so that the creditors associated with Debt 2 will receive exactly that balance?
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