unsecured secured

Liquidation value 1,200,00 ⑧ 800,000

Mortgage Bonds 1800,000 (

unsecured Bonds (1100,000)

PUE. SUGRS E 200,000)

EXUSS
-
⑧ &
Pho
is*.5
Ysij
O
im
~
2,000,000
( )]
x G,704,310.28
=

IV other
of asuts 4,500,000
Liabilities (9,00,000)

value (Zhang) 4,204, 310. 20

4,000, 000
not value (1,795,489.80)

Assets 40,000,000
=

lidD= 30,000,000
LI 10,000,00
Is
# 50, 000
/share #
20

CA
=

8070=800,000
1,000,000 x

e
lid andputstock or
-
no g shares -
20,000

Lu /share #24.50
 LUISh F10
=
x (1,000,000; 10W)

F100,000,000
=

Assets (net value) 3,000,000

editors [2,00,00

IV F1,00,00

Assetvalue 900,00
cash 50,000
Delt (SN,0CO)

LV 150,00

AsktS C,00,000
vid 22,00, PNS

LV-0 F4,000,000
 Assets 4,0N, OA
rid 2,0CD, ON

LV-E F2,000,00

Asuts 1,0N, ON
ridb 350,0

250,0&
=10,000

LUIS F G5