Correct answer is E$.$ How do we get $34$m in assets?

Quietus Ltd. is a newly organized company. A group of investors buy all the initial shares that have been offered by the company for $5 million. C Day One of the company's operations, $3 million is spent on assets and $4 million is borrowed from the Bank. By the end of the first month they have also bought $10 million of goods for resale on credit and made sales of $25 million on credit. There is no inventory left. Ignore all other transactions and expenses. The accounting equation at that point in time is o O O O O a. b. c. d. e. assets: $19 million; liabilities: $4 million; equity: $15 million assets: $9 million; liabilities: $14 million; equity: $5 million assets: $6 million; liabilities: $10 million; equity: $15 million assets: $34 million; liabilities: $29 million; equity: $5 million assets: $34 million; liabilities: $14 million; equity: $20 million