Nama Cendra Kurnia Turnip

NIM 2440120035

Book Value Assets Realizable Value

Inventory $110.000
$180.000 Note payable $100.000
$10.000

$170.000 Account receivable $95.000

Note payable $100.000
-$5.000

Free assets :
$20.400 Cash $20.400
$430.000 Property & equipment $320.000
Total net realizable value $340.400
Liability with priority : wages -$120.000
Net free assets $220.400

Estimated deficiency $124.600

$800.400 Total $350.000

Book Value Equity Realizable Value

$120.000 Accrued wages $120.000

$100.000 Note payable $100.000

Account receivable $95.000

$100.000 Note payable $100.000

$350.000 Account payable $350.000

Stockholder's equity
$400.000 Common stock
-$269.600 RE/ (deficit)

$800.400 Total $350.000