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Chesterfield Company holds cash of $74.000, inventory worth $138,000, and a building worth $154,000 Unfortunately,...

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Accounting

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Chesterfield Company holds cash of $74.000, inventory worth $138,000, and a building worth $154,000 Unfortunately, the company also has accounts payable of $204.000, a note payable of $104,000 (secured by the inventory). liabilities with priority of $58,400, and a bond payable of $198,000 (secured by the building). In a Chapter 7 bankruptcy. How much money should the holder of the bond expect to receive? Total amount received by bond holder

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