-Compute the cash balance at the end of the first year for Alpaca Corporation.
Definitions:
UPA
Acronym for Uniform Partnership Act, which is legislation aimed at governing the operation and management of partnerships in the United States.
Fiduciary Duty
A duty under the law for one entity to prioritize the welfare of another when managing their money or assets.
Automotive Repair
The process of maintaining and fixing cars and other vehicles to ensure their proper functioning and safety.
Breach of Duty
A failure to fulfill a legal or ethical obligation, often leading to legal liability for any resulting damages.
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