A company borrows $500,000 for the purchase of a new conveyor belt system for their warehouse. Which of the following best describes the changes to their balance sheet? Equipment increases $500,000, bank loan payable increaes $500,000 Inventory increases $500,000, cash decreases $500,000 O Bank loan payable increases $500,000, and owner's equity decreases $500,000 O Equipment increases $500,000, accounts payable decreases $500,000