Problem 13-46 (Algo) (LO 13-4, 13-6, 13-7) Creditors of Jones Corporation are considering petitioning the courts to force the company into Chapter 7 bankruptcy. The following information has been determined. Administrative expenses in connection with the liquidation are estimated to be $43,000. Book Value Net Realizable Value Cash Accounts receivable $ 27,000 $27,000 53,000 39,000 Inventory 66,000 52,000 Supplies Investments Land Buildings Equipment 24,000 8 23,000 29,000 81,000 93,000 111,000 89,000 71,000 56,000 Notes payable (secured by land) 86,000 Bonds payable (secured by equipment) Notes payable (secured by buildings) 120,000 157,000 Accounts payable Taxes payable Salaries payable (two weeks' salary for three employees) 91,000 27,000 17,100 Indicate the amount of money that each class of creditors can anticipate receiving. Free assets Liabilities with priority Free assets after payment of liabilities with priority Unsecured liabilities Payment on notes payable (secured by land) Payment on notes payable (secured by buildings) Payment on bonds payable. Payment on accounts payable (unsecured) Payment of salaries payable Payment of taxes payable Payment of administrative expenses Amounts