The following data applies to Questions 27-29: Orville Company recently petitioned for bankruptcy and is now in the process of preparing a statement of affairs. The carrying values and estimated fair values of the assets of Orville Company are as follows Cash Accounts Receiva ble Inventory Land Building (net) Equipment (net) Total $20,000 $20,000 45,000 30,000 60,000 35,000 75,000 70,000 180,000 100,000 201 50,000 $335.000 201 Debts of Orville are as follows: Accounts Payable Wages Payable (all have priority) Taxes Payable Notes Payable (secured by receivables and inventory) Interest on Notes Payable Bonds Payable (secured by land and building) Interest on Bonds Payable Total 10,000 10,000 120,000 /20 150,000 ,000 $363,000 20 A. $113,000 B. $126,000 C. $93,000 D. $121,000 2