Tri Fecta, a partnership, had revenues of $380,000 in its first year of operations. The partnership has not collected on $45,700 of its sales and still owes $38,100 on $205,000 of merchandise it purchased. There was no inventory on hand at the end of the year. The partnership paid $31,000 in salaries. The partners invested $46,000 in the business and $20,000 was borrowed on a five-year note. The partnership paid $2,200 in interest that was the amount owed for the year and paid $8,600 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.

A. $199,200

B. $203,500

C. $301,100

D. $191,600