Orville Company Recently Petitioned for Bankruptcy and Is Now in the Process

question 41

Multiple Choice

Orville Company recently petitioned for bankruptcy and is now in the process of preparing a statement of affairs.The carrying values and estimated fair values of the assets of Orville Company are as follows:
Debts of Orville are as follows:

-Based on the preceding information,what is the total amount of unsecured claims?

• A)$113,000
• B)$126,000
• C)$93,000
• D)$121,000

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