The Walston Company is to be liquidated and has the following liabilities: $ 12,000 160,000 105,000 Income taxes Notes payable (secured by land) Accounts payable Salaries payable (evenly divided between two employees) Bonds payable Administrative expenses for liquidation 9,000 90,000 40,000 The company has the following assets: Current assets Land Buildings and equipment Book Value $ 100,000 120,000 120,000 Fair Value $ 55,000 110,000 153,000 How much money will the holders of the notes payable collect following liquidatior Total amount collected