What Would Be the Priority of the Claims as to the Distribution

Multiple Choice

What would be the priority of the claims as to the distribution of assets in a liquidation under Chapter 7 of the Bankruptcy Act? 1 is the highest claim, 5 is the lowest.
(1) Trustees' costs to administer and operate the firm.
(2) Common stockholders.
(3) General, or unsecured, creditors.
(4) Secured creditors, who have a claim to the proceeds from the sale of specific property pledged to secure a loan.
(5) Taxes due to federal and state governments.

A) 5, 4, 1, 3, 2
B) 4, 1, 5, 3, 2
C) 5, 1, 4, 2, 3
D) 1, 5, 4, 3, 2
E) 1, 4, 3, 5, 2