Fast Courier Company took out a loan to pay for the purchase of a second-hand delivery truck priced at $38,000. How would the transaction impact the businesss accounting equation?

A. Assets increased by $19,000. Liabilities increased by $19,000. Equity remained the same. B. Assets remained the same, Liabilities increased by $38,000. Equity decreased by $38,000 C. Assets increased by $38,000. Liabilities increased by $38,000. Equity remained the same. D. No net impact on the accounting equation