The unsecured creditors of UCPB Corporation filed a petition on June 30, 2022 to force the corporate entity into bankruptcy. On December 31, 2022, UCPB Corporation is now in the process of preparing the statement of affairs. The carrying value and estimated realizable value of the assets are as follows: Carrying value Estimated realizable value Cash P40,000 P40,000 Accounts receivable 90,000 60,000 Inventory 120,000 70,000 Land 160,000 140,000 Building Equipment 240,000 160,000