Current assets 1,875,000 account payable 375,000, fixed assets 1,875,000 notes payable 750,000, subordinated debentures 750,000total debt 1,875,000 common equity 1,875,000 total liabilities and assets 3,750,00. Trustee fee total $211,750 and no accrued taxes or wages or unfunded pension liabilities. The debentures are subordinated only to the notes payable. If firm goes bankrupt or liquidated how much would each class of investor receive from 3 million sale of assets? From sales? First mortgage, paid from sale? Fees and expenses of administration of bankruptcy? Wages due workers within three months? Taxes? Unfunded pension plan? Available and distribution to general creditors? to cr
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