A firm has $450,000 in funds to distribute to its unsecured creditors. Three possible sets of unsecured creditor claims are presented. Calculate the settlement, if any, to be received by each creditor in each case shown in the following table.

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Unsecured Creditors' Claims Unpaid balance of second mortgage S300,000 S200,000 Accounts payable Notes payable bank Unsecured bonds CaseI Case II 200,000 100,000 300,000 100,000 100,000 200,000 S900,000 S600,000 Case IIII 500,000 300,000 500,000 500,000 S1,800,000 Total