A Bankrupt Tour Operator Has Assets of $485,000,made Up of a Boat

A bankrupt tour operator has assets of $485,000,made up of a boat worth $400,000,and prepaid docking rights worth $85,000.Claims include a security interest by a bank for $425,000 in the boat,$25,000 in unpaid taxes,and $25,000 owed to each of two general creditors.Each general creditor will receive

A) $17,500.
B) $20,000.
C) $20,000,with $20,000 to taxes.
D) $21,250.
E) $21,250,with $21,250 to taxes.