Tavon Co recently notified a client that it must pay a \($48,000\) fee for services provided. Tavon agreed to accept the following three items in full payment:

(1) \($7,500\) cash,

(2) computer equipment worth \($75\) 000 and

(3) assume responsibility for a \($34,500\) note payable related to the computer equipment. The entry Tavon makes to record this transaction includes which one or more of the following?

a. \($34,500\) increase in a liability account

d. \($48,000\) increase in an asset account

b. \($7,500\) increase in the Cash account

e. \($48,000\) increase in a revenue account

c. \($7,500\) increase in a revenue account