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Chapter 13 Homework 0 Help Save 8. Suit Submit Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question Xavier Company is going through a Chapter 7 bankruptcy. All assets have been liquidated, and the company retains only $26,900 in free cash. The following debts, totaling $46,550, remain: EffV ' Government claims to unpaid taxes 5 7,700 Salary during last month owed to Mr. Key (not an officer) 19,525 Administrative expenses 4,150 Salary during last month owed to H5. Rankin (not an officer) 6,925 Unsecured accounts payable 3,250 ._,___ _ _ . . Indicate how much money will be paid to the creditor associated with each debt. l 9 Answer Is complete but not entlrely correct. Administrative expenses 3 4,150 0 Government claims to unpaid taxes 3 7,700 9 Salary during last month owed to Mr, Key and Ms. Rankin 3 6,925 0