the correct answer is B. Four times as much DNA, and twice as many chromosomes. To count the number of chromosomes, you must count the number of centromeres. 2 centromeres is 2 chromosomes, 4 centromeres is 4 chromosomes and so on. for the simplicity of the problem, assume that the organism has only 1 chromosome. so a diploid organism of this species will have one copy of the maternal chromosome, and 1 copy of the paternal chromosome. you MUST assume that this is a diploid organism, because haploid organisms do not undergo meiosis.
so, in G2, a cell has a duplicated copy of the maternal chromosome, and a duplicated copy of the paternal chromosome. however, the duplicated copies are joined together with 1 centromere, so it would be considered as 1 chromosome. but since its duplicated, each chromosome has 2 identical sister chromatids. so you have:
1 maternal chromosome with 2 sister chromatids (joined at centromere)
1 paternal chromosome with 2 sister chromatids (joined at centromere)
so at this point you have 2 chromosomes, but 4 chromatids. assume that 1 chromatid is equal to 1x DNA, so you have 4X DNA. after the first division of meiosis, the maternal and paternal chromosomes split, so each intermediate cell has either 1 maternal or 1 paternal chromosome but still 2 sister chromatids joined at the same centromere, its considered 1 chromosome. After the 2nd division of meiosis, the sister chromatids split, making 4 cells total - each cell getting 1 chromatid (2 cells from the cell that previously had the maternal chromosome, and 2 cells from the cell that previously had the paternal chromosome). Each haploid cell now has 1 chromatid (1x DNA) but since each chromatid has its own centromere, it is considered as a chromosome in itself. So the new cell has 1X DNA and 1 chromosome, while the old cell had 4X DNA and 2 chromosomes.
Hope that clears some things up!