You're considering the purchase of Acme Inc. After signing a non-disclosure agreement, the owner gives you the attached financial statement for the year ended December 31, 2019. When you signed the non-disclosure agreement, you noticed that you were #28 on the list of other prospective buyers.

The financial statement's disclosure of the company's negative working capital of $23,500 and its net loss of $76,000 could explain why the owner hasn't been able to sell the business since it was listed for sale over two months ago.

You meet and show your accountant the financial statement. As she studies it, she highlights parts of it with her marker and gives it back to you, saying, "Good thing the other buyers didn't see what I just saw." She adds, "Even after paying the owner's asking price, you would still have $250,000 in the bank. That's more than enough money to make this company profitable ."

Explain what your accountant was thinking.