Fran, Greg and Holly agree to be partners in Brooklyn Bagel Shop, splitting the profits equally. Fran contributes 65 percent of the capital. When Brooklyn Bagels is dissolved, its liabilities are greater than its assets. Losses are paid by a. all of the partners in proportion to their shares of the profits. b. Fran because she contributed most of the capital. c. all of the partners in proportion to their income levels. d. Greg and Holly because they contributed the least of the capital