The following information is related to ABC Corporation, which is undergoing liquidation: Bonds payable amounting to P73,600 is secured by merchandise inventory with book value of P123,000 and net realizable value of 2/3 of the recorded amount. Of the P195,600 accounts payable, P55,000 is secured by equipment with a carrying amount of P76,800 which is 70% realizable. Building with a carrying amount of P129,000 has a net realizable value of P99,000. . Other unrecorded liabilities are accrued interest payable on bonds, P3,100; salaries payable, P17,400; taxes payable, P11,600; and trustee's fee, PB,500. Cash available prior to liquidation amounts to P11,900. Total assets of ABC Corp. presented in the statement of financial position prior to liquidation amounts to P480,000, including prepaid expenses and goodwill amounting to P7,600 and P22,000, respectively. Remaining assets other than those whose realizable values were mentioned above have a realizable value of 60% of the recorded amount. Total liabilities of ABC Corp. presented in the statement of financial position prior to liquidation amounts to P380,000. 1. How much is the total assets available to settle the unsecured claims? 2. How much is the estimated deficiency to unsecured claims