The partnership agreement for Wilson, Pickett & Nelson, a general partnership, provided that profits or losses be shared between the partners in the ratio of their financial contributions to the

partnership. Wilson contributed $$100,000,$ Pickett contributed $$50,000$ and Nelson contributed $$50,000.$ In the partnership's first year of operation, it incurred a loss of $$110,000.$ What amount

of the partnership's loss is allocated to Nelson?

Multiple Choice

$$50,000$

$$27,500$

$$36,667$

$$0$

$$40,000$