Question - Wheadon, Davis, and Singer formed a partnership with Wheadon contributing $58,800, Davis contributing $49,000 and Singer contributing $39,200. Their partnership agreement called for the income (loss) division to be based on the ratio of capital investments. If the partnership had income of $72,000 for its first year of operation, what amount of income (rounded to the nearest thousand) would be credited to Singer's capital account?