Southwestern Wear Inc. has the following balance sheet: Current assets $1,875,000 Accounts payable $ 375,000 Fixed assets 1,875,000 Notes payable 750,000 Subordinated debentures 750,000 Total debt $1,875,000 Common equity 1,875,000 Total assets $3,750,000 Total liabilities & equity $3,750,000

The trustee's costs total $298,250, and the firm has no accrued taxes or wages. Southwestern has no unfunded pension liabilities. The debentures are subordinated only to the notes payable. If the firm goes bankrupt and liquidates, how much will each class of investors receive if a total of $2.9 million is received from sale of the assets? Round your answers for monetary values to the nearest dollar and for percentage values to the nearest whole number. If your answer is zero, enter 0. Enter your answers as positive values.

The trustee's costs total $298,250, and the firm has no accrued taxes or wages. Southwestern has no unfunded pension liabil liquidates, how much will each class of investors receive if a total of $2.9 million is received from sale of the assets? Round yo number. If your answer is zero, enter " 0 ". Enter your answers as positive values. Distribution of proceeds on liquidation: The remaining $ will go to the common stockholders. They will receive only % of the amount of equ