Tri Fecta, a partnership, had revenues of $374,000 in its first year of operations. The partnership has not collected on $46,300 of its sales and still owes $38.200 on $230,000 of merchandise it purchased. There was no inventory on hand at the end of the year. The partnership paid $33.700 in salaries. The partners invested $49.000 in the business and $21,000 was borrowed on a five-year note. The partnership paid $1680 in interest that was the amount owed for the year and paid $10,000 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. Multiple Choice O $160,520 oo $173,620 $168,620 o O $165,520