Question 1 A debtor (Joe Corp) has filed for Chapter 7 bankruptcy. The balance sheet upon filing is as follows: Cash 10 Building 100 Lien Against Building Priority Creditors 30 Unsecured 20 Creditors Total Assets 110 Total Liabilities - 130 The lien on the building is held by Rutgers University. The priority creditor consists of 2 creditors, and it is the City of Camden and The City of Newark at $20 and $10 respectively. The Unsecured creditor, is also 2 creditors, and it is the State of New Jersey and the State of Pennsylvania at $15 and $5 respectively 1. If the building gets sold for $80, what amounts does each party get paid (1 pt) 2. If the building gets sold for $105, how much does each party get paid (1 pt) 3. If the building gets sold for $75 how much does each party get paid (1 pt)