Foremost Manufacturing wants to buy $50,000 of sheet metal from Ore Industries on credit. Before agreeing to the sale, Ore decides to evaluate Foremosts financial status. Of the following potential findings, which would lead Ore to refuse to sell the metal on credit?

Foremosts current liabilities are $450,000 and its current assets are $475,000.

Foremosts accounts receivable are $22,000 and its accounts payable are $21,000.

Foremosts current assets are $450,000 and its current liabilities are $475,000.

Foremosts accounts payable are $22,000 and its accounts receivable are $21,000.