Xavier Company is going through a Chapter 7 bankruptcy. All assets have been liquidated, and the company retains only $27,400 in free cash. The following debts, totaling $49,050, remain:

Government claims to unpaid taxes	$	8,200
Salary during last month owed to Mr. Key (not an officer)		20,025
Administrative expenses		4,650
Salary during last month owed to Ms. Rankin (not an officer)		7,425
Unsecured accounts payable		8,750

Indicate how much money will be paid to the creditor associated with each debt.

Indicate how much money will be paid to the creditor associated with each debt. X Answer is complete but not entirely correct. Types of Debts Amounts Administrative expenses $ 4,650 $ 2,850 X Government claims to unpaid taxes Salary during last month owed to Mr. Key and Ms. Rankin $ 19,900 X