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Xavier Company is going through a Chapter 7 bankruptcy. All assets have been liquidated, and the company retains y $26,800 in free cash. The following

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Xavier Company is going through a Chapter 7 bankruptcy. All assets have been liquidated, and the company retains y $26,800 in free cash. The following debts, totaling $46,050, remain: $ 7,600 Government claims to unpaid taxes Salary during last month owed to Mr. Key (not an officer) Administrative expenses Salary during last month owed to Ms. Rankin (not an oficer) Unsecured accounts payable 19,425 4,050 6,825 8, 150 Indicate how much money will be paid to the creditor associated with each debt. Amounts Types of Debts Unsecured accounts payable Salary during last month owed to Mr Key and Ms. Rankin Administrative expenses

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