Indicate the impact on the accounting equation of: Purchase of a $20,000 van for 20% cash and financing the remaining 80% through a local bank. Select one: O Decrease in total assets of $4,000 and increase in total liabilities of $16,000 O Increase in total assets of $16,000 and increase in total liabilities of $16,000 Increase in total liabilities of $16,000 and increase in total expenses of $16,000 O Increase in total revenue of $20,000 and increase in total liabilities of $20,000 O Not a recordable transaction Qui 1 10 19 28 Finish a