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Southwestern Wear Inc. has the following balance sheet: positive values. Distribution of proceeds on liquidation: Proceeds from the sale of assets Less: First mortgage (

Southwestern Wear Inc. has the following balance sheet:
positive values.
Distribution of proceeds on liquidation:
Proceeds from the sale of assets
Less:
First mortgage (paid from the sale of fixed assets)
Fees and expenses of bankruptcy
Wages due to workers within 3 months of bankruptcy
Taxes due to federal, state, and local governments
Unfunded pension liabilities
Funds available for distribution to general creditors
Distribution to general creditors:
Round your answer for monetary value to the nearest dollar and for percentage value to two decimal places.
The remaining $, will go to the common stockholders. They will receive only the amount of equity on the balance sheet.
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