Givingup Company is entering bankruptcy under Chapter 7 of the bankruptcy laws. The following information is available:

Realizable value of assets pledged to fully-secured creditors

$600,000

Realizable value of assets pledged to partially-secured creditors

350,000

Realizable value of unsecured assets

282,500

Liabilities, fully secured

500,000

Liabilities, partially secured

900,000

Liabilities, unsecured with priority

50,000

Liabilities, unsecured

400,000

Givingup's statement of affairs reports total unsecured liabilities, excluding those with priority, of:

A.$1,300,000B.$450,000C.$950,000D.$550,000