QUESTION 7 When Wright Company petitioned for Ch 7 bankruptcy, information on its assets and liabilities was as follows: ASSETS Book Value Cash 10,000 Accounts Receivable 60,000 Inventory 70,000 Land 50,000 LIABILITIES Accounts Payable 30,000 Wages Payable 6,000 Mortgage Payable (secured by land) 20,000 Notes Payable (secured by inventory) 95,000 Fair Value 10,000 20,000 55,000 45,000 130,000 In addition, bankruptcy court costs were estimated to be 12,000. During the course of the proceedings a Statement of Affairs was completed. On the Statement of Affairs, the Estimated Recovery Percentage for Unsecured Creditors was determined to be 52.86% REQUIRED Provide a list of the amounts that will be paid to each creditor in liquidation. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 140x A T Click Save and Submit to save and submit. Click Save All Answers to save all answers. MacBook Pro