Mondesto Company has the following debts: Unsecured creditors $ 237,000 Liabilities with priority 11

Mondesto Company has the following debts: Unsecured creditors $ 237,000 Liabilities with priority 117,000 Secured liabilities: Debt 1, $224,000; value of pledged asset 187,000 Debt 2, $187,000; value of pledged asset 107,000 Debt 3, $127,000; value of pledged asset 154,000

The company also has a number of other assets that are not pledged in any way. The creditors holding Debt 2 want to receive at least $161,400.

For how much do these free assets have to be sold so that the creditors associated with Debt 2 receive exactly $161,400?

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