That is a presentation question and I need to talk about 5-7 mins

A company has been placed into a court ordered liquidation. Discuss the order of payment to creditors and place the following creditors in the correct order for repayment:

• Costs of the liquidator
• Telephone bill outstanding
• Fees owing to auditor
• Council rates for the past year
• Arrears of dividend on cumulative preference shares
• Bank loan secured by the companies property
• Retrenchment payments
• Uncovered portion of the bank loan in (f)
• Workers compensation
• Calls in advance