Southwestern Wear Inc. has the following balance sheet:

Current assets$1,875,000Accounts payable$375,000Fixed assets1,875,000Notes payable750,000Subordinated debentures750,000Total debt$1,875,000Common equity1,875,000Total assets$3,750,000Total liabilities and equity$3,750,000

The trustee's costs total $338,000, 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 $4 million is received from sale of the assets?