Base SAS 33

The SAS data set BANKS is listed below:
BANKS
name rate
FirstCapital 0.0718
DirectBank 0.0721
VirtualDirect 0.0728
The following SAS program is submitted:
data newbank;
do year = 1 to 3;
set banks;
capital + 5000;
end;
run;
Which one of the following represents how many observations and variables will exist in the SAS data set NEWBANK?
A. 0 observations and 0 variables
B. 1 observations and 4 variables
C. 3 observations and 3 variables
D. 9 observations and 2 variables
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