Rank the Following Claims 1 Through 5,with 1 Being the First

question 31

Essay

Rank the following claims 1 through 5,with 1 being the first priority claim,under Chapter 7 of the bankruptcy code.
________ A.Trustee fees for administration of the estate.
________ B.Accounts payable for goods delivered prior to filing an involuntary petition for bankruptcy
________ C.Customer deposits for services never rendered.
________ D.First mortgage on the company's real estate.
________ E.Income taxes owed for the prior year.

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