A bank has Assets of $10 million in cash and s40 million in loans held. Their liabilities are $35 million in deposits from customer. They have $15 million in equity, Suppose a bank has $2 million in loans that default and are written off (e. a loss incurred). How is this loss most likely to be reflected on the balance sheet? A. Equity decreases by $2 million. Liabilities and assets are unchanged B. Assets and liabilities decrease by $2 milion. Equity is unchanged. C Assets and equity decrease by $2 million, Liabilities are unchanged. D. Assets decrease by $2 million, Liabilities and equity are unchanged