The bank's provisions for bad and doubtful debt amount to $18 million. The bank writes off $20 million non-performing loans. As a result of the write off, the gross loans ___________________, the net loans _____________________ and bank's equity _______________.

A. decreases by $20 million; decreases by $2 million; decreases by $2 million.

B. decreases by $18 million; decreases by $20 million; decreases by $2 million.

C. does not change; decreases by $2 million; decreases by $2 million.

D. decreases by $2 million; does not change; decreases by $2 million.