Looking forward to next year, if Digbys current cash amount is $17,334 (000) and cash flows from operations next period are unchanged from this period and Digby takes ONLY the following actions relating to cash flows from investing and financing activities: Issues $2,000 (000) of long-term debt Pays $4,000 (000) in dividends Retires $10,000 (000) in debt Which of the following activities will expose Digby to the most risk of needing an emergency loan?

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• Issues 100 (000) shares of common stock

• Sells $7,000 (000) of long-term assets

• Purchases assets at a cost of $15,000 (000)

• Repurchases $10,000 (000) of stock