Elixir Corporation has just filed for bankruptcy. Elixir is a holding company whose assets consist of real estate worth $280 million and 100% of the equity of its two operating subsidiaries. It is financed partly by equity and partly by an issue of $600 million of senior collateral trust bonds that are just about to mature. Subsidiary A has issued directly $520 million of debentures and $35 million of preferred stock. Subsidiary B has issued $280 million of senior debentures and $160 million of subordinated debentures. As assets have a market value of $600 million, and Bs have a value of $340 million. How much will each security holder receive if the assets are sold and distributed strictly according to precedence?

Debenture

Senior debenture

Subordinated debenture

Trust bond

Preferred stock