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The following amounts were taken from the statement of affairs for Bag Sack Company Unsecured liabilities without priority P 116,000 Stockholders' equity 35,400 Loss on
The following amounts were taken from the statement of affairs for Bag Sack Company Unsecured liabilities without priority P 116,000 Stockholders' equity 35,400 Loss on Realization of assets 45,000 Estimated administrative expenses that have not been entered in the accounting records 4,500 Secured liability to an asset with FV of P 8,500 10,000 How much is the estimated payment for the unsecured liabilities without priority? 107.400 O 103,400 111,900 0 98,900
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