Ambrose Corporation reports the following information:
|
Book Value |
Liquidation Value |
|
|
Assets pledged with fully secured creditors |
$220,000 |
$245,000 |
|
Assets pledged with partially secured creditors |
111,000 |
103,000 |
|
Other assets |
140,000 |
81,000 |
|
Liabilities with priority |
36,000 |
|
|
Fully secured liabilities |
200,000 |
|
|
Partially secured liabilities |
180,000 |
|
|
Accounts payable (unsecured) |
283,000 |
In liquidation, what amount of cash should each class of liabilities expect to collect?