$\backslash$table$[[$Assets:$,{2020}_{?},2019],[$Cash$,$$ $200,000,$$ $170,000],[$Accounts receivable,$864,000,700,000],[$Inventories$,2,000,000,1,400,000],[$Total current assets,$$3,064,000,$$$2,270,000],[$Net fixed assets,$6,000,000,5,600,000],[$Total assets,$$9,064,000,$$$7,870,000],[$Liabilities and equity:,,$],[$Accounts payable,$$1,400,000,$$$1,090,000],[$Notes payable,$1,600,000,1,800,000],[$Total current liabilities,$$3,000,000,$$$2,890,000],[$Long$-$term debt,$2,400,000,2,400,000],[$Common stock,$3,000,000,2,000,000],[$Retained earnings,$664,000,580,000],[$Total common equity,$$3,664,000,$$$2,580,000],[$Total liabilities and equity,$$9,064,000,$$$7,870,000]]$

Wolken has never paid a dividend on its common stock, and it issued $$2,400,000$ of $10-$year non$-$callable, long$-$term debt in $2019.$ As of the end of $2020,$ none of the principal on this debt had been repaid. Assume that the company's sales in $2019$ and $2020$ were the same. Which of the following statements must be CORRECT?

a$.$ Wolken had negative net income in $2020.$

b$.$ Wolken issued long$-$term debt in $2020.$

c$.$ Wolken issued new common stock in $2020.$

d$.$ Wolken repurchased some common stock in $2020.$

e$.$ Wolken increased its short$-$term bank debt in $2020.$

I SELECTED A AND E AS MY ANSWERS AND GOT THEM INCORRECT