Problem 1: Nalugi Corp. filed a petition for bankruptcy on April 2020. On May 2, 2020, the trustee provided the following information about the corporation's financial affairs: Book Value Estimated Realizable Value Assets Cash 80,000 80,000 Accounts Receivable - net 400,000 300,000 Inventories 600,000 280,000 Plant Assets - net 1,000,000 1,120,000 Liabilities Liability with priority 320,000 Accounts Payable 600,000 Notes Payable - secured by Accounts Receivable 400,000 Mortgage Payable - secured by Plant Assets 880,000 Requirements 1. Compute the estimated deficiency 2. Compute the expected recovery percentage of unsecured creditors 3. Compute the amount of estimated loss on assets realization 4. How much be paid to unsecured liabilities with priority creditors, fully secured creditors, partially secured creditors and unsecured liability without priority creditors