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What percentage of the monies owed to unsecured (ordinary) creditors will be paid out in this bankruptcy? (I need a simple percentage, nothing else) Order

What percentage of the monies owed to unsecured (ordinary) creditors will be paid out in this bankruptcy? (I need a simple percentage, nothing else)

Order of creditors under law:
1. Secured creditors (e.g. mortgages, loans with compensating balances, loans with collateral held by the lender, promissory notes payable, etc.)
2. Trustee fees as set by the court and liquidation reduction from the balance sheet.
3. Employee salaries and wages payable.
4. Taxes payable.
5. Ordinary creditors (accounts payable, short term and long term unsecured loans)
6. Bondholder principal
7. Preferred shareholders at par.
8. Common shareholders at par.

This company is in creditors' administration and the trustee has determined the business cannot be saved.

Account Book Value in Liquidated Value after
in Acct System Sale of Assets (cash received)

Cash on hand $500,000 $500,000
Accounts receivable $1,700,000 $1,400,000
Inventory $3,400,000 $2,200,000
Land $4,700,000 $3,500.000
Buildings $8,000,000 $5,000,000
Equipment $7,000,000 $3,000,000

Creditors:
Accounts Payable $2,000,000
Notes Payable $1,000,000
Taxes Payable $700,000
Salaries Payable $400,000
Mortgage on land $3,500,000
First mortgage on building $4,000,000
Second mortgage on building $1,600,000
Other debts $4,500,000

Euuity:
Preferred stockholders $4,500,000
Common shareholders $6,500,000
Retained Earnings ($3,400,000)
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What percentage of the monies owed to unsecured (ordinary) creditors will be paid out in this bankruptcy? (I need a simple percentage, nothing else) Order of creditors under law: 1. Secured creditors (e.g. mortgages, loans with compensating balances, loans with collateral held by the lender, promissory notes payable, etc.) 2. Trustee fees as set by the court and liquidation reduction from the balance sheet. 3. Employee salaries and wages payable. 4. Taxes payable. 5. Ordinary creditors (accounts payable, short term and long term unsecured loans) 6. Bondholder principal 7. Preferred shareholders at par. 8. Common shareholders at par. This company is in creditors' administration and the trustee has determined the business cannot be saved. Land$3,500.000Buildings$5,000,000Equipment$3,000,000Creditors:AccountsPayableNotesPayableTaxesPayableSalariesPayableMortgageonlandFirstmortgageonbuildingSecondmortgageonbuildingOtherdebts$4,700,000$8,000,000$7,000,000$2,000,000$1,000,000$700,000$400,000$3,500,000$4,000,000$1,600,000$4,500,000 Euuity: Preferred stockholders $4,500,000 Common shareholders $6,500,000 Retained Earnings ($3,400,000)

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