A Company Has $20,000 Cash and $100,000 Worth of Land

Multiple Choice

A company has $20,000 cash and $100,000 worth of land.Other assets of the company amount to $300,000.The firm has an outstanding loan of $200,000 and other liabilities adding up to $25,000.What is the owner's equity of the company?

A) $395,000
B) $95,000
C) $195,000
D) $175,000
E) $220,000