A and B form a general partnership on January 1 of year 1. A makes a cash contribution to the partnership of $80,000. B agrees to contribute $20,000 over the next 4 years. The partnership purchases depreciable equipment for $160,000, using $80,000 of cash and a recourse note for $80,000. The partnership agreement provides that all income and loss are allocated equally, except that all depreciation deductions are allocated to B. Assume that the equipment is depreciable on a straight line basis over 4 years and that in all years the partnership breaks-even except for depreciation deductions. Assuming the allocations satisfy all such provisions, compute capital accounts for A and B on formation and at the end of the first three years of partnership operations.