Looking forward to next year, if Digby’s 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?

a) Issues 100 (000) shares of common stock
b) Sells $7,000 (000) of long-term assets
c) Purchases assets at a cost of $15,000 (000)
d) Repurchases $10,000 (000) of stock