The following information is available for Clueless Corporation, which has filed for Chapter 7 bankruptcy:

Liabilities:

Administrative expenses payable to trustee (priority)	$ 33,000
Taxes payable (priority)	22,000
Unsecured liabilities	550,000
Fully secured liabilities	190,000
Partially secured liabilities	350,000

Realizable value of assets:

Assets pledged to fully secured creditors	$ 250,000
Assets pledged to partially secured creditors	275,000
Unsecured assets	80,000

Required

a. Prepare a statement of affairs for Clueless Corporation.

b. Calculate the estimated recovery rate (cents on the dollar) for (1) unsecured and (2) partially secured creditors. Round your answers to the nearest tenth of a cent, if necessary.