Disbursements (2,570,690.54) Levy Calculation: Costs to be paid to the court 150.00 Notice of final dividend and trustee's application for discharge 630.00 Postage - Notice of final dividend and trustee's application for 154.46 discharge Holdback on payment to secured creditors 32,000.00 32,934.46 Information on the balance Amount ($) Balance in the file 32,934.46 Receipts 2,603,625.00 Disbursements 2,570,690.54 Note 1: Sales taxes have been deliberately omitted in order to simplify presentation of the case study. $2,563,000.00 Receipts (other than distributions to creditors) Disbursements (612,140.54) with no levy (934.46) Levy $1,949,925.00 First $1M $50,000.00 Remainder 11,874.06 Total $61,874.06 $ 584,375.00 30.0% $18,543.10 Secured creditors 8,325.00 0.4% 264.16 Employees 1,357,225.00 69.6% 43,066.80 Unsecured $1,949,925.00 100.0% $61,874.06
Disbursements (2,570,690.54) Costs to be paid to the court 150.00 Notice of final dividend and trustee's application for discharge 630.00 Postage - Notice of final dividend and trustee's application for discharge 154.46 Holdback on payment to secured creditors 32,000.00 32,934.46 Information on the balance Amount ($) Balance in the file 32,934.46 Receipts 2,603,625.00 Disbursements 2,570,690.54 Note 1: Sales taxes have been deliberately omitted in order to simplify presentation of the case study. Levy Calculation: $2,563,000.00 Receipts (612,140.54) Disbursements (other than distributions to creditors) with no levy (934.46) Levy $1,949,925.00 First $1M $50,000.00 Remainder 11,874.06 Total $61,874.06 $ 584,375.00 30.0% $18,543.10 Secured creditors 8,325.00 0.4% 264.16 Employees 1,357,225.00 69.6% 43,066.80 Unsecured $1,949,925.00 100.0% $61,874.06