Wheadon, Davis, and singer formed a partnership with Wheadon contributing $55, 200, Davis contributing $46,000 and Singer contributing $36, 800. Their partnership agreement called for the income (loss) division to be based on the ratio of capital Investments. If the partnership had income of $63.000 for its first year of operation, what amount of income (rounded to the nearest thousand) would be credited to singer's capital account? $36, 800. $21,000. $16, 800. $63,000. $25, 200