Hansen Incorporated sells electrical equipment to Bahringer Corp on credit for $16,000. The electrical equipment cost Hansen Incorporated $10,000. How does the cost of the goods that were sold affect Hansen Incorporated's expanded accounting equation? Hansen Incorporated sells electrical equipment to Bahringer Corp on credit for $16,000. The electrical equipment cost Hansen Incorporated $10,000. How does the cost of the goods that were sold affect Hansen Incorporated's expanded accounting equation? Increase Cost of Goods sold $10,000; Decrease Inventory $16,000 Increase Cost of Goods sold $16,000; Decrease Inventory $16,000 Increase Cost of Goods sold $16,000; Decrease Inventory $10,000 Increase Cost of Goods sold $10,000; Decrease Inventory $10,000