Sixth Bank Made a Car Loan to a Corporation That

Sixth Bank made a car loan to a corporation that has now filed a liquidation bankruptcy.The original amount of the car loan was $20,000,on a car that cost $24,000 new.The current balance on the loan is $12,000 and the car is worth $10,000.Assuming that Sixth Bank has made all appropriate filings in the corporation's bankruptcy case,Sixth Bank is:

A) a secured creditor for $10,000 only
B) a secured creditor for $12,000 only
C) a secured creditor for $10,000 and unsecured creditor for $2,000
D) a secured creditor for $12,000 and unsecured creditor for $2,000
E) a secured creditor for $10,000 and unsecured creditor for $5,000