What is beginning total cash available? (inlcuding all assets)

\fDII'IIS Refere nces Check my work A Kimber Co. is in the process of liquidating and going out of business. The rm's accountant has provided the following balance sheet and additional information: Assets Cash $ 38,888 Accounts receivable 98,888 Merchandise inventor").r 158,888 Total current assets $ 278,888 Land $ 58,888 Buildings 8r equipment 488,888 Less: Accumulated depreciation 128,888! Total land, buildings, Er equipment 3335303 Total assets $ 503:3\" Liabilities and Stockholders' Equity Accounts payable $ 88,888 Notes payable 118,888 Total current liabilities $ 198,888 Longterm debt 138,888 Total liabilities $ 328,888 Stockholders' Equity Common stockJ no par $ 188,888 Retained earnings 188,888 Total stockholders' equity 288,888 Total liabilities and stockholders' equity 35 503,330 It is estimated that all but 20 percent of the accounts receivable can be collected, and that the merchandise inventory can be disposed of in a liquidation sale for '.-'0 percent of its cost. Buildings and equipment can be sold at $60,000 above book value [the difference between original cost and accumulated depreciation shown on the balance sheet], and the land can be sold at its current appraisal value of $85,000. In addition to the liabilities included in the balance sheet, $5,000 is owed to employees for their work since the last pay period, and interest of $10,000 has accrued on notes payable and longterm debt. Required: a. Calculate the amount of cash that will be available to the stockholders ifthe accounts receivable are collected, the other assets are sold as described, and all liabilities and other claims are paid in full. Total cash available (including sale of assets} Accounts payable