Liquidation Southwestern Wear Inc. has the following balance sheet:

The trustee's costs total $281,250, and the firm has no accrued taxes or wages. The debentures are subordinated only to the notes payable. If the firm goes bankrupt and liquidates, how much will each class of investors receive if a total of $2.5 million is received from sale of theassets?

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Current assets $1,875,000 Accounts payable Fixed assets ,875,000 Noes payable S 375,000 750,000 Subordinated debentures750,000 $1,875,000 1,875,000 Total assets 53,750,000 otal iabilties and equity 53,750,000 lotal debt Common equity