27 Palmer Corporation borrows $40,000 cash by signing a note with the bank. Which of the following statements correctly shows the effect of this transaction on the accounting equation? 8 02:36:24 Multiple Choice Assets will increase by $40,000, liabilities will increase by $40,000, and stockholders' equity will remain unchanged Assets will increase by $40,000, liabilities will remain unchanged, and stockholders' equity will increase by $40,000 Assets will increase by $40,000, liabilities will decrease by $40,000, and stockholders' equity will remain unchanged Assets will increase by $40,000, liabilities will remain unchanged, and stockholders' equity will decrease by $40,000