Shi Company is going through a Chapter 7 bankruptcy. All assets have been liquidated, and...

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Accounting

Shi Company is going through a Chapter 7 bankruptcy. All assets have been liquidated, and the company retains only \(\$ 26,600\) in free cash. The following debts, totaling \(\$ 45,050\), remain:
```
Government claims to unpaid taxes
Salary during last month owed to Mr. Key (not an officer)19,225
Administrative expenses 3,850
Salary during last month owed to Ms. Rankin (not an officer)5,915
Unsecured accounts payable
7,950
```
Required:
Indicate how much money will be paid to the creditor associated with each debt.
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