Equity is owners' funds, primarily share capital Steps:

• Identify equity components: Issued and paid up share capital of 30,000 represents owners' equity.
• Classify long-term bank loan of 45,000 as a non-equity liability (borrowed funds).
• Classify 6% debentures of 25,000 as a non-equity liability (debt with fixed interest).
• Note absence of reserves or retained earnings; total equity equals share capital only, but no matching option provided.

Not enough information: Reserves or other equity items not given to compute full total equity beyond 30,000.

Why C is correct: Not applicable; C (80,000) exceeds given equity data without basis in definitions.

Why the others are wrong:

• A (35,000): Adds unexplained 5,000 to share capital.
• B (45,000): Equals loan only, a liability.
• D (41,000): Adds unexplained 11,000 to share capital.

Final answer: Not enough information.