A trustee has been appointed for Pace Inc., which is being liquidated under Chapter 7 of the Bankruptcy Code. The following occurred after the assets were transferred to the trustee 1. Sales on account by the trustee were $75,800. Cost of goods sold were $61,200, consisting of all inventory transferred from Pace 2. The trustee sold all $13,500 worth of marketable securities for $10,500 3. Receivables collected by the trustee Old: New: $19,300 of the $38,600 transferred $46,500 4. Depreciation of $16,300 on the plant assets of $96,800 transferred from Pace recorded 5. Disbursements by the trustee Old current payables: Trustee's expenses: $23,600 of the $49,700 transferred $ 4,900 Required Prepare a statement of realization and liquidation according to the traditional approach illustrated in the chapter PACE CORPORATION Statement of Realization and Liquidation Assets Assets to be Realized Assets Realized Assets Acquired Assets Not Real Supplementary Items Supplementary Charges Supplementary Credits Liabilities Liabilities Liquidated Liabilities to be Liquidated Liabilities Not Liquidated