Fred Who Owns His Own Business Pays in an Extra

Fred who owns his own business pays in an extra £40000 to the business bank account and also transfers his car worth £15000 into the business. He then raises a loan from the bank of £20000 and agrees with the bank manager that he can have an overdraft facility of up to £15000. What is total equity and liabilities at the end of the year?

A) Equity £40000 and liabilities £35000
B) Equity £40000 and liabilities £20000
C) Equity £55000 and liabilities £35000
D) Equity £55000 and liabilities £20000