Looking forward to next year, if Chester's current cash amount is $17,334 (000) and cash flows from operations next period are unchanged from this period and Chester takes ONLY the following actions relating to cash flows from investing and financing activities:
1. Issues $2,000 (000) of long-term debt
2. Pays $4,000 (000) in dividends
3. Retires $10,000 (000) in debt
Which of the following activities will expose Chester to the most risk of needing an emergency loan?
(a). Purchases assets at a cost of $15,000 (000)
(b). Repurchases $10,000 (000) of stock
(c). Issues 100 (000) shares of common stock
(d). Sells $7,000 (000) of long term assets