Groro Company bills a client $64,000 for services provided and agrees to accept the following three items in full payment: (1) $23,000 cash, (2) $73,000 of equipment, and (3) $32,000 note payable owed on the equipment. (a) Analyze the transaction using the accounting equation. (b) Record the transaction in journal entry form. (c) Post the entry using T-accounts to represent ledger accounts.