Which of the following is true regarding priority creditor claims and the distribution of the debtor's estate?

Multiple Choice

Each priority class must be fully paid unless the next class will not receive anything as a result.

If there are insufficient funds to satisfy all the creditors within a particular class, none of the creditors within that class will receive any payment.

$$ The priority claims are paid before secured creditors realize on their collateral or security and before other unsecured claims are paid.

The priority claims are paid after secured creditors realize on their collateral or security but before other unsecured claims are paid.