In the event of bankruptcy, any residual cash must be distributed in the following sequence:

A. Subordinated debt, then senior debt, then unsecured debt, then stockholders.

B. Preferred shareholders, senior debt, subordinated debt, unsecured debt, common shareholders.

C. Senior debt, subordinated debt, unsecured debt, preferred shareholders, then common shareholders.

D. Preferred shareholders, common shareholders, senior debt, subordinated debt, unsecured debt.