Looking forward to next year, if Baldwin's current cash balance is $26,227,423 and Cash Flows From Operations next period are unchanged from this period, which of the following activities will expose Baldwin to the most risk of needing an emergency loan?

Sells $10,000,000 of their Long-Term Assets

Purchases assets at a cost of $25,000,000

Issues 10,000 shares of stock at the current stock price

Retires $10,000,000 in Long-Term Debt