Below are the 2014 and 2015 balance sheets for ABC Incorporated: Which statement is most true? 2014 Assets Cash Accounts receivable 200,000 800,000 2,000,000 3,000,000 6,000,000 9,000,000 170,000 700,000 1,400,000 2,270,000 5,600,000 7,870,000 Total current assets Net fixed assets Total assets Accounts payable Notes payable Total current liabilities Long-term debt Common stock Retained earnings Total common equity Total liabilities and equity 1,400,000 1,600,000 3,000,000 2,400,000 3,000,000 600,000 3,600,000 9,000,000 1,090,000 1,800,000 2,890,000 2,400,000 2,000,000 580,000 2,580,000 7,870,000 ABC did not retire old debt during the period between these two balance sheets (fiscal 2015) nor did it pay dividends during the same period. Which statement is most true? Hint: Consider how each of the following actions would change the balance sheet item from fiscal 2014 to fiscal 2015. The firm increased its short-term bank borrowing during fiscal 2015. The firm issued more long-term debt during fiscal 2015. The firm had negative net income during fiscal 2015. The firm had negative net income but repurchased some common stock during fiscal 2015 The firm issued new common stock during fiscal 2015