Taylor Company borrowed $32,000 of cash from a local bank. Which of the following choices accurately reflects how this event affects the company's financial statements? | Assets | = | Liab. | + | Equity | Rev. | - | Exp. | = | Net Inc. | Cash Flow 32,000 | = | 32,000| + | NA 32,000 - NA | = | 32,000 | 32,000 FA 32,000 = NA + | 32,000 NA - NA = NA 32,000 FA O 32,000 = | NA | + | 32,000 | 32,000 - | NA| = | 32,000 32,000 FA | 32,000 = | 32,000 +| NA | NA - NA | = | NA | 32,000 FA