Below Are the 2011 and 2012 Year-End Balance Sheets for Wolken

Below are the 2011 and 2012 year-end balance sheets for Wolken Enterprises:​​​ $\begin{array}{lrr}\text { Assets: } & 2012 & 2011 \\\text { Cash } & \$ 200,000 & \$ 170,000 \\\text { Accounts receivable } & 864,000 & 700,000 \\\text { Inventories } & 2,000,000 & 1,400,000 \\\text { Total current assets } & \$ 3,064,000 & \$ 2,270,000 \\\text { Net fixed assets } & 6,000,000 & 5,600,000 \\\text { Total assets } & \$ 9,064,000 & \$ 7,870,000\end{array}$

$\begin{array}{rr}\text { Liabilities and equity: } \\\text { Accounts payable } &&\$ 1,400,000 & \$ 1,090,000 \\\text { Notes payable } &&1,600,000 & 1,800,000 \\\text { Total current liabilities } &\underline{\$ 3,000,000 }&& \underline{\$ 2,890,000} \\\text {Long-term debt} &&2,400,000 & 2,400,000 \\\text { Common stock } &&3,000,000 & 2,000,000 \\\text {Retained earnings } &&\underline{664,000} & 580,000 \\\text {Total common equity} &&\$ 3,664,000 & \$ 2,580,000 \\\text { Total liabilities and equity } &\underline{ \$ 9,064,000 }&& \$ 7,870,000\end{array}$ ​Wolken has never paid a dividend on its common share,and it issued $2,400,000 of 10-year non-callable,long-term debt in 2011.As of the end of 2012,none of the principal on this debt had been repaid.Assume that the company's sales in 2011 and 2012 were the same.Which of the following statements must be correct?

A) Wolken increased its short-term bank debt in 2012.
B) Wolken issued long-term debt in 2012.
C) Wolken issued new common shares in 2012.
D) Wolken repurchased some common shares in 2012.