Konkurs Corporation Is Entering Chapter 7 Bankruptcy During the First Month, the Trustee Completed the Following Transactions

Konkurs Corporation is entering Chapter 7 bankruptcy. Its balance sheet is as follows:
$$\begin{array} { | l | r | l | r | } \hline \text { Cash } & \$ 3,400 & \text { Accounts payable } & \$ 81,500 \\\hline \text { Accounts receivable } & 18,000 & \text { Notes payable-equipment } & 14,000 \\\hline \text { Inventory } & 6,000 & \text { Bank loan payable } & 57,000 \\\hline \text { Land } & 15,000 & \text { Mortgage payable } & 60,000 \\\hline \text { Building, net } & 80,000 & \text { Shareholders' equity } & ( 46,800 ) \\\hline \text { Equipment, net } & 43,300 & & \\\hline & \underline { \$ 165,700 } & & \$ \underline { 165,700 } \\\hline\end{array}$$ During the first month, the trustee completed the following transactions:
1. Accepted $11,500 in full settlement of all outstanding receivables.
2. Sold equipment (book value $13,000) for $21,000 and paid the related note.
3. Made a $2,000 payment on the mortgage.
4. Made a partial payment on accounts payable and the bank loan, equal to 10% of the outstanding obligation.
Required
Prepare a statement of realization and liquidation for the month.