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PLEASE COMPLETE for UPVOTE Slush Corporation has two bonds outstanding, each with a face value of $3.2 million. Bond A is secured on the company's

PLEASE COMPLETE for UPVOTE
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Slush Corporation has two bonds outstanding, each with a face value of $3.2 million. Bond A is secured on the company's head office building: bond B is unsecured. Slush has suffered a severe downturn in demand, Its head office building is worth $1.12 million, but its remaining assets are now worth only $2 million. If the company defaults, what payoff can the holders of bond B expect? Note: Enter your answer in dollars, not in millions. Round your answer to the nearest whole dollar amount

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