ABC Corporation is a financially distressed corporation with the following financial information on April 15, 2022. Estimated Book Values Realized Values P20,000 75,000 70,000 280,000 Cash P20,000...

Extracted text: ABC Corporation is a financially distressed corporation with the following financial information on April 15, 2022. Estimated Book Values Realized Values P20,000 75,000 70,000 280,000 Cash P20,000 Accounts receivable.net 100,000 150,000 250,000 520,000 Inventories Plant assets Total assets Accounts payable, unsecured Liabilities with priority claims Notes payable, secured by Accounts Receivable Mortgage payable, secured by all Plant assets Total liabilities 150,000 80,000 100,000 220,000 550,000 What is the estimated recovery percentage?