On February 6, 2020, E-cigarette maker Juul Labs Inc. raised $700 million in convertible bonds to fund its operations, as it struggles with regulatory and legal challenges. How does the convertible debt issuance affect Juul's financial statement? (Ignore debt issuance costs.) Increase assets, increase liabilities, increase equity O Increase assets, no effect on liabilities, increase equity O Decrease assets, decrease liabilities, no effect on equity O Increase assets, increase liabilities, no effect on equity