The partnership agreement of Nellie Stayton and Jerald Williams does not indicate how the profits and losses will be shared. Before

dividing the net income, Stayton's capital account balance was $$323,000,$ and Williams's capital balance was $$83,000.$ The net income

of their firm for the year that just ended was $$191,000.$

Required:

How much income will be allocated to Stayton and how much to Williams?