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Please show step by step calculations Pawandeep is the owner of Pawandeep's Fashions Ltd. She has decided to close down her business and become a

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Please show step by step calculations

Pawandeep is the owner of Pawandeep's Fashions Ltd. She has decided to close down her business and become a fashion consultant for a new clothing store chain. Below is a list of assets and liabilities for her business. | LIABILITIES Accounts Payable Bank Loan $2,000 $27,500 ASSETS Bank Balance Accounts Receivable Supplies Automobile Equipment Building $2,750 $1,500 $7,400 $20,500 $3,000 $80,000 Pawandeep hires a liquidator who is able to collect $1,400 of the accounts receivable. The rest is considered uncollectible. The liquidator sells the supplies for $5,300 and sells the automobile for $18,000. In addition, the liquidator is able to sell the building for $105,000 and the equipment for $2,000. The liquidator charges Pawandeep $1,500 for her services. Calculate the amount of capital that Pawandeep will end up with after closing down her business. Show your calculations

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