ShiCompany is going through a Chapter 7 bankruptcy All assets have been liquidated, and the company retains only $26,300 in free cash The following debts, totaling $43,550, remain Government claims to unpaid taxes $ 7,100 Salary during last month owed to Mr Key (not an officer) 18,925 Administrative expenses 3,550 Salary during last month owed to Ms Rankin (not an officer) 6,325 Unsecured accounts payable 7,650 Indicate how much money will be paid to the creditor associated with each debt

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Question: ShiCompany is going through a Chapter 7 bankruptcy. All assets have been liquidated, and the company retains only $26,300 in free cash. The following debts,

ShiCompany is going through a Chapter 7 bankruptcy. All assets have been liquidated, and the company retains only $26,300 in free cash. The following debts, totaling $43,550, remain:


Government claims to unpaid taxes	$	7,100
Salary during last month owed to Mr. Key (not an officer)		18,925
Administrative expenses		3,550
Salary during last month owed to Ms. Rankin (not an officer)		6,325
Unsecured accounts payable		7,650

Indicate how much money will be paid to the creditor associated with each debt.

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