If the Assets Could Be Sold for $228,000 and There

question 29

Multiple Choice

If the assets could be sold for $228,000 and there are no liquidation expenses, what is the minimum amount that Ezzard would receive from the liquidation?

• A) $36,000.
• B) $ 0.
• C) $ 2,500.
• D) $38,250.
• E) $67,250.