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When the Beacon Computer Company filed for bankruptcy under CCAA, it had the following balance sheet information: Liquidating Value claims Trade credit Secured mortgage notes
When the Beacon Computer Company filed for bankruptcy under CCAA, it had the following balance sheet information: Liquidating Value claims Trade credit Secured mortgage notes Senior debentures Junior debentures Total assets $30,400 Equity $ 6,700 9,900 11,900 16,900 - 15,000 Assuming there are no legal fees associated with the bankruptcy, as a trustee, what distribution of liquidating value do you propose? (Do not leave any empty spaces; input a O wherever it is required. Enter the answers in dollars. Omit $ sign in your response.) Distribution of liquidating value $ Trade credit Secured mortgage notes Senior debentures Junior debentures Equity
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