The following balance sheet has been produced for Litz Corporation as of August 8, 2013, the date on which the company is to begin selling assets as part of a corporation liquidation: LITZ CORPORATION Balance Sheet 8-Aug-13 Assets Cash $16,000 Accounts Receivable (net) $82,000 Investments $32,000 Inventory (net realizable value is expected to approximate cost) $69,000 Land $30,000 Buildings (net) $340,000 Equipment (net) $210,000 Total assets $779,000 Liabilities and Equities Accounts Payable $150,000 Notes payable-current (secured by inventory) $132,000 Notes payable-long term (secured by land) and buildings [valued at $300,000]) $259,000 Common stock $135,000 Retained earnings $103,000 Total liabilities and equities $779,000 The following events occur during the liquidation process: The investments are sold for $39,000. The inventory is sold at auction for $48,000. The money derived from the inventory is applied against the current notes payable. Administrative expenses of $15,000 are incurred in connection with the liquidation. The land and buildings are sold for $315,000. The long-term notes payable are paid. The accountant determines that $34,000 of the accounts payable are liabilities with priority. The company's equipment is sold for $84,000. Accounts receivable of $34,000 are collected. The remainder of the receivables is considered uncollectable. The adminstrative expenses are paid. A) Prepare a statement of realization and liquidation for the period just described. B) What percentage of their claims should the unsecured creditors receive