The following transactions occurred during March, the first month of operations for Quality Galleries, Incorporated: Capital stock was issued in exchange for $356,000 cash. Purchased $172,000 of equipment by making a $56,000 cash down payment and signing a note payable for the balance. Made a $33,000 cash payment on the note payable from the purchase of equipment. Sold a piece of equipment for cash of $14,000. The equipment was sold at cost, so there is no gain or loss on the sale. What is the balance in the Note Payable account at the end of March?