Swifty Company's tabular analysis at the beginning of May consisted of the following balances: Assets Liabilities + Stockholders' Equity Retained Earnings Common Stock Cash = Notes Payable $3080 + + Revenue + Equipment $15000 Expenses Beg. Bal $1080 $13000 During October, the company borrowed an additional $4580 from Trans-Union National Bank and used the funds to purchase additional equipment with a cost of $4050. What would be the combined effect of these two transactions on the tabular analysis? O Increase Cash $530, increase Equipment $4050 and increase Notes Payable $4580. Increase Notes Payable $4580 and increase Equipment $4580. O Increase Cash $4580, increase Expenses $530 and decrease Notes Payable $4050. O Increase Cash $4580 and increase Expenses $4580