Below Are the 2013 and 2014 Year-End Balance Sheets for Tran

Below are the 2013 and 2014 year-end balance sheets for Tran Enterprises:
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The firm has never paid a dividend on its common stock,and it issued $2,400,000 of 10-year,non-callable,long-term debt in 2013.As of the end of 2014,none of the principal on this debt had been repaid.Assume that the company's sales in 2013 and 2014 were the same.Which of the following statements must be CORRECT?

A) The firm increased its short-term bank debt in 2014.
B) The firm issued long-term debt in 2014.
C) The firm issued new common stock in 2014.
D) The firm repurchased some common stock in 2014.
E) The firm had negative net income in 2014.