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5. AMD Co. has been forced into bankruptcy and liquidation. Unsecured claims will be paid at the rate of PO.50. COOLER MASTER Co. holds a non-interest-bearing note receivable from AMD in the amount of #100,000 collateralized by machinery with a liquidation value of #20,000. The total amount to be realized by COOLER MASTER Co. on this note receivable is: a. #70,000 b. #60,000 C. #50,000 d. #20,000 For item number 6 to 7: Deficit Company, Inc. filed a voluntary bankruptcy petition for liquidation on June 15, 2014, and the statement of affairs reflects the following amounts: Carrying Value Realized Value Assets Pledged with fully secured creditors #360,000.00 #390,000.00 Pledged with partially secured #200,000.00 #160,000.00 creditors Free #440,000.00 #320,000.00 P1.000.000.00 P870.000.00 Liabilities: with priority #90,000.00 Fully Secured $300,000.00 Partially secured #240,000.00 Unsecured $720,000.00 P1 350.000.00 6. Assume that the assets are converted into cash at the estimated current values and the business is liquidated. What total amount of cash should the partially secured creditors receive? a. #160,000 b. #188,000, C. #200,000 d. #240,000 e. P192,000 7. Assume that the assets are converted into cash at the estimated current values and the business is liquidated. What total amount of cash will be available to pay the unsecured (non-priority) creditors? a. #198,000 b. #230,000 C. #288,000 d. #320,000