Q9

Karen has filed a voluntary petition for a chapter 7 proceeding. The total value of Karen's estate is $ 35000. Ben who is owed $ 18000 has a security interest in property valued at $ 12000. Lauren has an unsecured claim of $ 9000, which is entitled to a priority of $ 2000. The united states has a claim for income taxes of $ 7000. Steve has an unsecured claim of $ 10000 that was filed on time. Sarah has an unsecured claim of $ 17000 that was filed on time. Wally has a claim of $ 14000 that he filed late, even though Wally was aware of the bankruptcy proceedings. What should each of the creditors receive in a distribution under chapter 7?