Statement of Affairs: The following items of information appear on the statement of affairs of Shaw Corporation:

1. Estimated deficiency to unsecured creditors, $80,000.

2. Unsecured liabilities with priority, $40,000.

3. Assets pledged to fully secured creditors ($250,000) exceed the related liabilities by $60,000.

4. Liabilities to partially secured creditors, $95,000.

5. Assets not pledged to any creditors, $200,000.

6. Total assets, book value $600,000, estimated realizable value $500,000.

Required

Prepare a statement of affairs for Shaw Corporation.