In a bankruptcy, there was $150,000 left after the secured creditors were paid. The landlord was owed $40,000 for 4 months of unpaid rent, trustee's and lawyer's fees were $30,000, 50 employees were each owed $5,000 in unpaid wages, and there was 2 years of unpaid municipal taxes owing totaling $20,000. How much money will the municipal government get for its unpaid taxes?
A) $20,000
B) $15,000
C) $10,000
D) $5,000
E) $0
Correct Answer:
Verified
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