The partnership agreement for Wilson, Pickett & Nelson, a general partnership, provided that profits be shared between the partners in the ratio of their capital contributions to the partnership. Wilson contributed $11 0.000, Pickett contributed $45,000 and Nelson contributed $55,000. In the partnerships first year of operation, it realized Net Income of $260,000. A. Calculate the ratio of each partner's capital to the total. B. Distribute the Partnership income to each Partner based on the ratio of their capital to the total C. Assume that the partners had failed to address allocation of income in the Partnership Agreement, How would you allocate the income