So let me see if I get this straight:
Beaver owes Wally $20 and is auctioning off his wagon for $100 to cover the debt and make a profit.
Ward auctions off the wagon to Beaver’s friends; Lumpy, Stinky, Chewy and Dorp.
Beaver’s friends first have to empty their pockets to show Ward they indeed have at least $20 to cover the debt.
None of Beaver’s friends have the $20.
Wally then decides he’ll take the wagon for 20¢ and forgive the debt Beaver owes him.
Wally will then own a wagon worth $100 that he paid 20¢ for and be $80 richer.
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