Min,a Carpenter,has Recently Declared Bankruptcy

Multiple Choice

Min,a carpenter,has recently declared bankruptcy.She has one loan for $10 000 and,at the time when the bank calls for repayment,her total assets add up to $9000,which is made up of $3000 in tools,$1200 in clothing,and $800 in furniture.When her assets are distributed,which of the following is true?

A) The bank is entitled to all $9000.
B) The bank is probably only entitled to $4000.
C) The bank is probably only entitled to $5200.
D) Min cannot declare bankruptcy,as she does not meet the requirements.
E) Min will be discharged of all debt.