The Walston Company is to be liquidated and has the following liabilities:I

Income taxes$ 5,400

Notes payable (secured by land)142,000

Accounts payable 96,000

Salaries payable (evenly divided between two employees) 17,000

Bonds payable 81,000

Administrative expenses for liquidation 31,000

The company has the following assets:

Book Value Fair Value

Current assets 91,000 46,000

Land 111,000 101,000

Building and Equipment 111,000 160,000

Need Help to solve equation

How much money will the holders of the notes payable collect following liquidation?

Total Amount collected