When the Beacon Computer Company filed for bankruptcy of the U.S. bankruptcy code, it had the following balance sheet information:

      

Liquidating Value		Claims
		Trade credit	$4,800
		Secured mortgage notes	8,000
		Senior debentures	10,000
		Junior debentures	15,000
Total assets	$28,500	Equity	-9,300

Assuming there are no legal fees associated with the bankruptcy, as a trustee, what distribution of liquidating value do you propose?