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Problem 1 (pp. 161–62).A and B each contribute $100,000 upon formation of a limited partnership. A is a generalpartner and B is a limited partner. The partnership purchases an office building on leased land for $200,000 andelects straight-line cost recovery. Assume (for simplicity) that the property has a 10-year recovery period. Thepartnership agreement allocates all items of income and loss equally with the exception of the cost recoverydeductions, which are allocated entirely to B. Assume (perhaps unrealistically) that both partners areunconditionally obligated to restore a deficit to their capital accounts upon a liquidation of the partnership.a)Assume that apart from cost recovery deductions, the partnership’s rental income is equal to its operating expenses. What must the partners’ respective capital account balances be at the end of year one if the allocation of cost recovery deductions is to have economic effect?