The Walston Company is to be liquidated and has the following liabilities: Income taxes Notes payable (secured by land) Accounts payable Salaries payable (evenly divided between two employees) Bonds payable Administrative expenses for liquidation $7,000 130,000 90,000 11,000 75,000 25,000 The company has the following assets: Current assets Land Buildings and equipment Book Value Fair Value $ 85,000 $ 40,000 95,000 127,000 105,000 105,000 How much money will the holders of the notes payable collect following liquidation? Total amount collected