Refer to the November $17$th CDJ entry for Board of Water & Light $($in yellow highlight$).$ How will this journal entry impact Waren$$s financials? Fill in the blanks below with one of the options provided.

$1)$ Total Assets will $\_\_\_\_\_\_\_\_\_\_\_\_($increase$,$ decrease, not change$)$

$2)$ Total Liabilities will $\_\_\_\_\_\_\_\_\_\_\_\_\_\_($increase$,$ decrease, not change$)$

$3)$ Net Income will $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_($increase$,$ decrease, not change$)$