Given Below Is a Balance Sheet of Incrad Clothes,a Partnership

Given below is a balance sheet of Incrad Clothes,a partnership firm,as at 30 June 2017. $\begin{array}{|l|l|l|l|}\hline{\text { Assets }} & &{\text { Liabilities }} & \\\hline \text { Cash } & \$ 14,000 & \text { Accounts payable } & \$ 10,000 \\\hline \text { Inventory } & 56,000 & \text { Bank loan } & 26,000\\\hline \text { Furniture } & 12,000 & \text { Partners' equity } & \\\hline \text { Computer } & 15,000 & \text { Chad, capital } & 45,000 \\\hline \text { Other assets } & \underline{22,000} & \text { Brad, capital } & \underline{38,000} \\\hline \text { Total assets } & \$ 119,000 & \begin{array}{l}\text { Total liabilities and } \\\text { partners'equity }\end{array} &\$119,000\\\hline\end{array}$ With regard to the above table,which of the following statements is true?

A) Brad and Chad have limited liabilities for the partnership's debts because it is a limited liability company.
B) The bank loan of $26,000 is part of the partners' equity.
C) The computer was purchased at a cost less than $14,000.
D) The current market value of the furniture is $10,000.