Help Please!

Runyan voluntarily petitions for bankruptcy. He has three major claims against his estate. One is by Calvin, a friend who holds Runyans negotiable promissory note for $7,500; one is by Kohak, an employee who is owed three months back wages of $5,000; and one is by the First Bank of Sunny Acres on a SECURED loan of $5,000. In addition, Martinez, an accountant retained by the trustee, is owed $500, and property taxes of $1,000 are owed to Micanopa County. Runyans nonexempt property has been liquidated, and the proceeds total $15,000. Discuss fully what amount each party will receive, and why