Question 22 The net income of the Tom and Jerry partnership is $125,000. The partnership agreement specifies that profits and losses will be shared equally after salary allowances of $100,000 (Tom) and $150,000 (Jerry) have been allocated. At the beginning of the year, Tom's Capital account had a balance of $250,000 and Jerry's Capital account had a balance of $325,000. What is the balance of Jerry's Capital account at the end of the year after profits and losses have been divided? A multiple-choice question with one possible answer.(Required) 1. O $412,500 $387,500 $50,000 4.0 $325,000 2. O 3. O