Olds Company declares Chapter bankruptcy. Following are the book values of the asset and liability accounts at that time. A bankruptcy expert estimates that administrative expense will total $
tableCash$Accounts receivable,valued at $Inventoryvalued at $Land secures note Avalued at $Building secures bondsvalued at $Equipmentvalue unknownAccounts payable,Taxes payable to government,Note payable ANote payable BBonds payable,
The holders of note payable B want to collect at least $
Required:
To achieve this goal, how much does the company have to receive in the liquidation of its equipment?
Amount to be received
