What Is the Dividend Per Dollar Owed, Payable to Employees

What is the dividend per dollar owed, payable to employees owed annual leave, if the total proceeds available for distribution is $250 000 and the security realises sufficient cash to fully discharge the secured debt? (The $250 000 includes the amount paid to secured creditors.)

A) $1.00 (fully paid)
B) $0.86
C) $0.45
D) $0.50