A and B form the equal AB partnership. A contributes cash of $20,000, B contributes land with a basis of $9,000 and a fair market value of $20,000. The land is a capital asset to B and has been held for over one year. Describe the book and tax consequences to A and B with respect to 704(c) if the partnership sells the land for $19,000 and uses:

A. The traditional method

B. The traditional method with curative allocations

C. The remedial method