Ten consumers were invited to participate in a discussion on motels, hotels, and resorts. a discussion leader first asked them what differentiated motels, hotels, and resort accommodations. then she asked them to identify all the amenities they expect to find in overnight accommodations where they may stay. these consumers and their group leader participated in a .

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.