Tri Fecta, partnership, had revenues of $373,000 in its first year of operations. The partnership has not collected on \$45.100 of its sales and still owes $38,600 on $170,000 of merchandise it purchased. There was no inventory on hand at the end of the year. The partnership paid $29,800 in salariesThe partners invested $49,000 in the business and \$25,000 was borrowed on a five-year note. The partnership paid $2.250 in interest that was the amount owed for the year and paid $9,000 for a two-year insurance policy on the first day of business Compute net income for the first year for Tri Fecta