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) Trustees' costs to administer and operate the firm.
2) Common stockholders.
3) General,or unsecured,creditors.
4) Secured creditors who have claim to the proceeds from the sale of a specific property pledged for a mortgage.
5) Taxes due to federal and state governments.

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