Reference no: EM133147790
Question - The amounts related to the statement of affairs of AYAYA Company, in bankruptcy liquidation as of July 1, 2022, were as follows:
Assets pledged for fully secured liabilities P800,000
Assets pledged for partially secured liabilities 500,000
Free assets 760,000
Fully secured liabilities 780,000
Partially secured liabilities 680,000
Unsecured liabilities with priority 140,000
Unsecured liabilities without priority 1,550,000
Required - What is the estimated deficiency to unsecured creditors and the amount that the unsecured creditors would received? Show your solution.