Tri Fecta, a partnership, had revenues of $365,000 in its first year of operations. The partnership has not collected on $46,700 of its sales and still owes $39,600 on $185,000 of merchandise it purchased. There was no inventory on hand at the end of the year. The partnership paid $29,700 in salaries. The partners invested $45,000 in the business and $24,000 was borrowed on a five-year note. The partnership paid $2,400 in interest that was the amount owed for the year and paid $9.400 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. 39:09 SK ces Multiple Choice $212.200 $205100 Multiple Choice O $212,200 O $205,100 O O $207,500 O $200,400