Jensen and Stafford began a partnership to start a hardwood flooring installation business, by investing $176,000 and $216.000, respectively. They agreed to share profits/losses) by providing yearly salary allowances of $166,000 to Jensen and $91,000 to Stafford, 25% Interest allowances on their investments, and sharing the balance 3:2 Jensen and Stafford began a partnership to start a hardwood flooring installation business, by investing $176,000 and $216.000, respectively. They agreed to share profits/losses) by providing yearly salary allowances of $166,000 to Jensen and $91,000 to Stafford, 25% Interest allowances on their investments, and sharing the balance 3:2