The following items were displayed in the statement of affairs for Lubbock Company:

Fully secured liabilities ......... $90,000

Partially secured liabilities ....... 12,000

Unsecured liabilities without priority ... 220,000

Unsecured liabilities with priority .... 8,000

Assets pledged for fully secured assets .. 120,000

Assets pledged for partially secured assets . 6,000

Free Assets ............. 120,000

Based on the foregoing information prepare a working paper showing the how the estimated amount received from the sale of assets will be distributed to the four classes of creditors.