Looking forward to next year, if Baldwin's current cash balance is $18,599,744 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 Issues 10,000 shares of stock at the current stock price Purchases assets at a cost of $25,000,000 Retires $10,000,000 in Long-Term Debt