Document 69 - Saved 9 Search ign Layout References Mailings Review View Help (Body) 11 ~ A A Aa A EVER EEN AaBbCcDd AaBbCcDd AaBbCc A Uvab xx ADA 1 Normal 1 No Spac... Heading 1 H Font Paragraph 3 5 6 8 Question 6 of 25 When SPENCER Company filed for liquidation with the Securities and Exchange Commission, it prepared the following balance sheet. Current assets, net realizable value, P50,000 P 80,000 Land and buildings, fair value, P240,000) 200,000 Goodwill, fair value, PO 40,000 Total assets P 320.000 Accounts payable P 160,000 Mortgage payable, secured by land and building 200,000 Common stock 100,000 Retained earnings, deficit (140,000) Total equities P 320.000 What is the estimated deficiency to unsecured creditors? Select the correct response P120,000 P140,000 P 70,000 P 90,000 (Philippines)