Which of the following transactions occurred during a company’s first year of operations?

go with Mr. Muhammad Iqbal answer

I  Purchased a delivery van for cash

Non of answers are right ,,

It should be "two option" of above caused a change in the amount of working capital

the answer with explanation will be perfect 

I. Purchased a delivery van for cash 

II. Borrowed money by issuance of short-term debt 

II. Borrowed money by issuance of short-term debt 

The following transactions occurred during a company’s first year of operations:?

II. Borrowed money by issuance of short-term debt 

Ill. Purchased treasury stock