Issue with Subscription Purchase Function after Updating RevenueCat and Google PBL

I've been using a subscription purchase function in my React Native app with RevenueCat for a while, and it was working perfectly. Recently, I updated RevenueCat to version 7.27.4 and also updated the Google Play Billing Library to version 7.0.0 in my app/build.gradle. Since these updates, the function no longer produces any logs or performs the purchase action.

My Purchase Function:

import { Alert } from 'react-native';
import Purchases from 'react-native-purchases';

const buySubscriptionMonth = async () => {
  console.log("Attempting to buy subscription for 'affirmations_month'");
  try {
    const { customerInfo, productIdentifier } = await Purchases.purchaseStoreProduct('affirmations_month');
    console.log("Purchase completed: ", productIdentifier, customerInfo);

    alert("Customer Info after purchase: " + JSON.stringify(customerInfo));

    if (customerInfo && customerInfo.entitlements.activee"pro"]) {
      dispatch(setSubscriber(true));
      navigation.navigate('Record');
      setModalVisible(false);
    } else {
      Alert.alert('You did not subscribe');
    }
  } catch (e) {
    console.error("Error during purchase:", e);
    if (!e.userCancelled) {
      Alert.alert(e.message || 'An error occurred');
    }
  }
};

/app/build.gradle

android {
    compileSdkVersion 33

    defaultConfig {
        applicationId "your.package.name"
        minSdkVersion 21
        targetSdkVersion 33
        versionCode 1
        versionName "1.0"


        missingDimensionStrategy 'store', 'play'
    }

    // Other configurations...
}

dependencies {
    implementation "com.android.billingclient:billing:7.0.0"
    // Other dependencies...
}

Issues:

1. The function does not produce any logs.
2. The purchase process does not seem to initiate.
3. No errors or alerts are triggered.
4. When using Purchases.purchaseProduct instead of Purchases.purchaseStoreProduct, I get an error: "The product is not available for purchase". At least this provides an error response, unlike Purchases.purchaseStoreProduct, which gives no response at all.

Tested on a real device in internal and closed testing to rule out emulator issues.

Questions:

1. Are there any known issues with RevenueCat version 7.27.4 and Google Play Billing Library 7.0.0 that could cause this behavior?
2. Do I need to make any additional changes to my project setup after these updates?
3. Is there a specific way to enable more detailed logging for RevenueCat that could help in diagnosing this issue?

Any guidance or suggestions would be greatly appreciated!