The amount realized from the sale of assets at the time of the dissolution of a firm is typically used to settle various obligations in a specific order. Here's the usual order of priority for payments from the amount realized from the sale of assets at the time of dissolution:

Payment of Outsider's Liabilities: The first priority is to settle all external liabilities or debts owed to creditors, including loans and trade payables.

Payment for Partner's Loan: After clearing the outsider's liabilities, any remaining funds can be used to repay loans taken by the partners from the firm.

Payment for Partners' Capital: Once the outsider's liabilities and partner's loans are paid off, the remaining funds are distributed among the partners to settle their capital balances.

Amount Distributed Amongst Partners in Their Profit Ratio: If there are any surplus funds after settling all liabilities and capital accounts, these remaining funds are distributed among the partners in their profit-sharing ratio.

So, the correct order is 1, 2, 3, and 4. Payment for partner's loan is typically the second priority after clearing outsider's liabilities.