Edward's Excursions Inc

Edward's Excursions Inc.filed for Chapter 7 bankruptcy.It has $100,000 in assets.The outstanding debts include:
$50,000 to Arthur secured by a boat worth $25,000.$30,000 to Bradley secured by a truck worth $30,000.$20,000 to Clarence unsecured.The month before Edward's closed and filed for bankruptcy, its employees earned $10,000 for which they did not get paid.They also should have been credited with $3,000 for their pension plan.Edward's owes $4,000 in back taxes.In the process of administering the estate, the trustee paid $5,000 in attorney fees.In what order will these claims be paid?

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Secured-Arthur gets $25,000 from the boa...

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