VanCity Antiques Ltd. is being liquidated as the owner is retiring. VanCity's Balance Sheet shows the following: Cash Accounts Payable $ 10,000 Inventory Furniture $ 5,000 120,000 40,000 2,000 $167,000 Goodwill Common Stock 2,000 Retained Earnings 155,000 Total Liab & Equity $167,000 Total Realizable values: Inventory: $140,000 Furniture and Fixtures: $20,000 Goodwill was from the purchase of the business 10 years ago. Liquidator fees will be $5,000 Corporate tax rate is 40% (No capital losses for tax purposes on the sale of furniture) In the box below show your calculation for the Liquidated Value