PROBLEM B. Aldi Company is to be liquidated. The statement of nancial position on June 30, 2023 is as follows; Cash P 5,000 Short term investments 30,000 Koconts'receivable, net 105,000 Inventory 160,000 Prepaid Insurance 7,000 Land 80,000 Building and equipment not 412,000 Franchises M Total Assets P871.00q Accounts payable P265000 Wages payable 20,000 Taxes payable 12,000 Interest payable 37,000 Notes payable 280,000 Mortgages payable 220,000 Ordinary shares, P20 par 240,000 Decit 203,000 Total Equities P371000 - Short-term investment consists of 1,000 ordinary shares of Harry Inc. The stock's market value per share is P22. The stock was pledged against a P28,000, 10 percent notes payable. its related interest amount to H.400. - 01 the accounts receivable, P50,000 which is estimated to be 90% collectible are collateral for a {340,000, 12 percent notes payable. Its related interest amount to P4,000. . The remaining receivables are estimated to be 20% uncollectible. lnvetory with a book value of P79,000 and a current value of P?5,000 is pledged against accounts payable of P105000. The appraised value of the remainder of the inventory is P711000. Only P1500 is expected to be recovered from prepaid insurance. - It is estimated that the franchises can be sold for P30,000. - The mortgage payable is secured by both the land the building and equipment. The land is appraised at P110,000 and the building and equipment rs'asisru to be sold for P340000. Only P162000 01 the total carrying amount'bt the building and equipment has been pledged on the said mortgage. It has a corresponding appraised value of P150,000. The related interest on the mortgages is P140110. - Incurrence of legal and accounting fees for the liquidation amounting to P13,000 is probable. . (Round oil to two decimal places the expected recovery percentage to be used in all computations - Ex: 53.74%) 11. How much is the total estimated payment to partially secured creditors