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 $316,000, and Williams's capital balance was $76,000. The net income of their firm for the year that just ended was $184,000 How much income will be allocated to Stayton and how much to Williams? S 132,000 Prev 2 of 10E Next