Question: A company preparing for a Chapter 7 liquidation has listed the following liabilities: Note payable A of $ 1 2 6 , 0 0 0
A company preparing for a Chapter liquidation has listed the following liabilities: Note payable A of $ secured by land having a book value of $ and a fair value of $ Note payable B of $ secured by a building having a $ book value and a $ fair value. Note payable C of $ unsecured. Administrative expenses payable of $ Accounts payable of $ Income taxes payable of $ The company also has these other assets: Cash of $ Inventory of $ but with a net realizable value of $ Equipment of $ but with a net realizable value of $ Required: Based on this information, how much will each of the company's liabilities be paid as a result of the liquidation?
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