A statement of financial affairs created for an insolvent corporation that is beginning the process of liquidation discloses the following data (assets are shown at net realizable values):

Assets pledged with fully secured creditors	$	240,000
Fully secured liabilities		170,000
Assets pledged with partially secured creditors		400,000
Partially secured liabilities		530,000
Assets not pledged		320,000
Unsecured liabilities with priority		174,000
Accounts payable (unsecured)		410,000

a.

This company owes $23,000 to an unsecured creditor (without priority). How much money can this creditor expect to collect?

b.	This company owes $140,000 to a bank on a note payable that is secured by a security interest attached to property with an estimated net realizable value of $100,000. How much money can this bank expect to collect?