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Business, 05.05.2020 05:58 larkinc2946

1. A company's statement of affairs reports the following: β€’ Assets pledged to fully secured creditors, $500,000. β€’ Assets pledged to partially secured creditors, $250,000. β€’ Fully secured liabilities, $325,000 β€’ Partially secured liabilities, $400,000. β€’ Free assets, $81,000. β€’ Unsecured liabilities with priority, $40,000. β€’ Unsecured liabilities, $210,000. What is the estimated deficiency to unsecured creditors, as reported on the statement of affairs? A. $184,000 B. $104,000 C. $200,000 D. $144,000

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