When you summarize, you take the main points of a story and write in in a few sentences. You want to make sure you hit all the key parts of the story and don't focus on the small details. If you were telling a friend about a movie you saw, you would by describe the major events, but not the little moments. That would be summarizing. You can do this with any book,movie,story etc. :)
Your answer is A merrily splashed
When he loses the bet on the frog, it's easy to feel sorry for him because he's not a sore loser. When he finds out he's been cheated, his anger is completely understandable When Simon Wheeler starts telling the story of the cow we know there must be a whole boatload more stories about Smiley and his animals.
Pretty sure the answer is E.