At the time of liquidation, the balance sheet of a company is as follows: The liquidation expenses are Rs 15,000; liquidator’s fee is Rs 20,000 and the value of the liquidated assets is Rs 7,80,000....

At the time of liquidation, the balance sheet of a company is as follows:

The liquidation expenses are Rs 15,000; liquidator’s fee is Rs 20,000 and the value of the liquidated assets is Rs 7,80,000. Show how the liquidated amount can be distributed among different claimants.