In the Accounting Statement of Affairs, the Gains or Losses

In the accounting statement of affairs, the gains or losses upon liquidation would equal

A) net book value of assets minus book value of liabilities.
B) the book value of assets minus their realizable value.
C) total estimated realizable value of assets minus the amount assigned to secured creditors.
D) total estimated realizable value of assets minus the amount remaining for Class 7 unsecured creditors.