Yolanda Took $5,000 from Her Checking Account and Put the Money

Multiple Choice

Yolanda took $5,000 from her checking account and put the money in her savings account at the same bank. Based on that information, which of these is TRUE?

A) Both M1 and M2 were reduced by $5,000.
B) M1 went down by $5,000, but M2 was unchanged.
C) Neither M1 nor M2 changed because the transfer was done at the same bank.
D) M1 and M2 both rose by $5,000.