Martha started a flower shop as a sole proprietor. After 1 year, she was forced to close the shop because business was so bad. At that time, the business assets totaled $50,000, but the business liabilities totaled $125,000.Which of the following statements is true?

Group of answer choices

Martha 's business creditors can collect on the $50,000 of business assets.

Martha is personally liabile for the additional $75,000.

Martha's business creditors can collect on the $50,000 now, but if Martha ever goes into business again, they can get the assets of the new business.

Once Martha terminates the sole proprietorship, the business creeditors cannot even get the $50,000.