Alex is a wage earner with a regular income. He has unsecured debts of $42,000 and secured debts owing to Betty, Connie, David, and Eunice totaling $120,000. Eunice's debt is secured only by a mortgage on Alex's house. Alex files a petition under Chapter 13 and a plan providing payment as follows:
(a) 60 percent of all taxes owed;
(b) 35 percent of all unsecured debts; and
(c) $100,000 in total to Betty, Connie, David, and Eunice.
Should the court confirm the plan? If not, how must the plan be modified or what other conditions must be satisfied?