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E185 Financial reporling during bankruptcy - Distributions to creditors PT Keraton filed for Chapter 7 bankruptcy and was liquidated by a court-appointed trustee. The following financial report was prepared by the trustee: Assets Cash $220,000 Approved claims $90,000 Note payable (secured by inventory that was sold for $30,000) Mortgage payable (seCured by property that was sold for 120,000 $80,000) Administrative expenses payable 15,000 Accounts payable, unsecured 20,000 Salaries payable, unscented 10,000 Interest payable, unsecured 15,000 $270,000 R E Q U I R E D: Show how the $220,000 cash will be distributed to holders of each of the claims