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Calculate the estimated deficiency to unsecured creditors

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Reference no: EM133064615

Question - The following were taken from the statement of affairs of AESPA COMPANY.

Assets pledged with fully secured creditors 71,000.00

Assets pledged with partially secured creditors 12,500.00

Free assets 11,000.00

Preferred creditors 3,000.00

Fully secured creditors 69,000.00

Partially secured creditors 20,000.00

Unsecured creditors without priority 18,000.00

Required - Calculate the estimated deficiency to unsecured creditors without priority.

Reference no: EM133064615

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