Tri Fecta, a partnership, had revenues of $361,000 in its first year of operations. The partnership has not collected on $46, 600 of its sales and still owes $38, 900 on $200,000 of merchandise it purchased. There was no inventory on hand at the end of the year. The partnership paid $28, 400 in salaries. The partners invested $41,000 in the business and $25,000 was borrowed on a five-year note. The partnership paid $2, 750 in interest that was the amount owed for the year and paid $8, 100 for a two-year insurance policy on the first day of business. Ignore income taxes. Compute the cash balance at the end of the first year for Tri Fecta. $ 184, 100 $ 191, 800 $ 180, 050 $ 187, 750