90 60 The following data apply to Self Test, Inc. Liquidation: At the time it defaulted on its interest payments and filed for banruptcy, Self Test Inc. had the following balance sheet in millions of dollars). The court after trying unsuccessfully to reorganize the firm, decided that the only recourse was liquidation under Chapter 7. Sale of the fixed assets, which were pledged as collateral to the mortgage bondholders, brought in $750 million, while the current assets were sold for another $400 million. Thus, the total proceeds from the liquidation sale were $1.150 million The trustee's costs amounted to $1 million, no single worker was due more than $2,000 in wages, and there were no unfunded pension plan liabilities. Current assets $ 800 Accounts payable Accrued taxes Accrued wages Notes payable 300 Total current liabilities Net fixed assets 1,100 First-mortgage bonds (a) 700 Second-mortgage bonds (a) 400 Debentures 500 Subordinated debentures (6) 200 Common stock 100 Retained Earnings (550) Total assets 51.900 Total claims $1.900 Notes: (a) All fixed assets are pledged as collateral to the mortgage bonds (b) Subordinated to notes payable Refer to the data for Self Test, Inc.'s liquidatation, What is the distribution to priority claimants (millions of dollars)