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Wala Na Talaga Corp. has decided to seek liquidation after previous restructuring and quasi-reorganization attempts failed. The company has the following condensed balance sheet as

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Wala Na Talaga Corp. has decided to seek liquidation after previous restructuring and quasi-reorganization attempts failed. The company has the following condensed balance sheet as of May 1, 2019: Assets Liabilities and Stockholder's Equity Cash P12,000 Accrued Payroll P40,000 Receivables 280,000 Loans from Officers 50,000 Inventory 70,000 Account Payable 60,000 Prepaid Expenses 1.000 Equipment loan payable 360,000 Plant Assets 300,000 Business loan payable 180.000 Goodwill 60.000 39.000 Common Stock Deficit (48,000) P702 000 Total P702000 Total The equipment loan payable is secured by specific plant assets having a book value of nayable. P40.000.is The equipment loan payable is secured by specific plant assets having a book value of P300,000 and a realizable value of P350,000. Of the accounts payable, P40,000 is secured by inventory which has a cost of P40,000 and a liquidation value of P44,000. The balance of the inventory has a realizable value of P32,000. Receivables with a book value and market value of P100,000 and P80,000 respectively have been pledged as collateral on the business loan payable. The balance of the receivables have a realizable value of P150,000. . Listed below are the requirements for this data set. Fill-up the answers in the next five questions. How much is the estimated deficiency to unsecured creditors? How much is the estimated amount paid to unsecured creditors with priority? How much is the estimated amount paid to fully secured creditors? How much is the estimated amount paid to partially secured creditors? (Rounded final answers based on exact fraction OR rounded percentages are both accepted) How much is the estimated amount paid to unsecured creditors without priority? (Rounded final answers based on exact fraction OR rounded percentages are both accepted)

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