QUESTION 6 Jackson and Campbell have capital balances of $100,000 and $300,000 respectively. Jackson devotes full time and Campbell one-half time to the business. Determine the division of $150,000 of net income when there is no reference to division in partership agreement. $75,000 and $75,000 $37,500 and $112.500 $100,000 and $50,000 $112.500 and $37,500