Step 1:
Vaisheshika philosophy explains seven Padarthas or categories.
Step 2:
The order begins with:
\[
Dravya,\; Guņa,\; Karma
\]
Step 3:
Then come:
\[
Sāmānya,\; Viśeşa,\; Samavāya,\; Abhāva
\]
Step 4:
Thus, the correct sequence is:
\[
B \rightarrow C \rightarrow D \rightarrow E \rightarrow A
\]
Hence, the correct option is:
\[
\boxed{\text{(3)}}
\]