18) Which of these represent indirect costs of financial distress?

I. Court fees paid to a bankruptcy court

II. A firm's supplier requiring payment in cash rather than offering its normal credit terms

III. Cost of a manager's time spent renegotiating the terms of a debt to avoid bankruptcy

IV. Loss of a key employee concerned about job security and the future of the firm

a. I and II only

b. III and IV only

c. I, II, and III only

d. II, III, and IV only

e. I, II, III, and IV