The order of priority for payment of claims when a corporation is being liquidated is

A. employees claims, costs of liquidation, secured creditors, unsecured creditors B. costs of liquidation, employees claims, secured creditors, unsecured creditors C. costs of liquidation, secured creditors, unsecured creditors, employees claims D. secured creditors, employees claims, costs of liquidation, unsecured creditors E. secured creditors, costs of liquidation, employees claims, unsecured creditors