ABC Inc., a manufacturer of bicycles, was suffering cash flow problems and sold a large chunk of inventory at a $15,000 loss in order to raise cash. It also sold machines used for several years in making the bicycles at a $5,000 loss. Which of the following is true?

A.ABC, Inc. has a $5,000 capital loss and a $15,000 ordinary loss.B.ABC, Inc. has a $15,000 capital loss and a $5,000 ordinary loss.C.ABC, Inc. has a $20,000 capital loss.D.ABC, Inc. has a $20,000 ordinary loss.