Penn Incorporated's assets have the carrying values and estimated fair values as follows: Carrying Value $ 17,400 60,100 90,700 Cash Accounts Receivable Inventory Land Building (net) Equipment (net) Total Penn's debts follow: 101,400 221,900 250,200 $741,700 Accounts Payable Wages Payable (all have priority) Taxes Payable Notes Payable (secured by receivables and inventory) Interest on Notes Payable Bonds Payable (secured by land and building) Interest on Bonds Payable Total Fair Value $ 17,400 51,600 66,600 79,610 161,500 101,700 $ 478,410 Required A Required: a. Prepare a schedule to calculate the net estimated amount available for general unsecured creditors. b. Compute the percentage dividend to general unsecured creditors. c. Prepare a schedule showing the amount to be paid each of the creditor groups upon distribution of the $478,410 realizable. Required B Complete this question by entering your answers in the tabs below. $ 96,700 11,000 14,900 190,600 5,400 221,400 11,700 $ 551,700 Required C Prepare a schedule to calculate the net estimated amount available for general unsecured creditors. PENN INCORPORATED

Penn Incorporated's assets have the carrying values and estimated fair values as follows: Required: a. Prepare a schedule to calculate the net estimated amount avallable for general unsecured creditors. b. Compute the percentage dividend to general unsecured creditors. c. Prepare a schedule showing the amount to be paid each of the creditor groups upon distribution of the $478,410 realizable. Complete this question by entering your answers in the tabs below. Prepare a schedule to calculate the net estimated amount avallable for general unsecured creditors