XYZ Company recently petitioned for bankruptcy and is now in the process of preparing a statement of affairs. The carrying values and estimated fair values of the assets of XYZ Company are as follows:

	Carrying Value	Fair Value
Cash	P 16,000	P 16,000
Accounts Receivable	36,000	24,000
Inventory	48,000	28,000
Land	60,000	56,000
Building (net)	144,000	80,000
Equipment (net)	136,000	64,000
Total	440,000	268,000

Debts of XYZ Company are as follows:

Accounts payable	P 48,000
Wages Payable (all have priority)	8,000
Taxes payable	8,000
Notes payable (secured by receivable and inventory)	96,000
Interest on Notes Payable	4,800
Bonds Payable (secured by land and building)	120,000
Interest on bonds Payable	5,600
Total	290,400

1. What is the total amount of unsecured claims?
2. What estimated amount will be available for general unsecured creditors upon liquidation?
3. What is the estimated dividend percentage?