A and B form the equal AB partnership on January 1 of Year 1. A contributes depreciable equipment with a tax basis of $6,000 and a fair market value of $20,000. B contributes cash of $20,000. Assume As equipment is depreciated at the rate of 20% per year for book and tax purposes. Further assume that As property generates $2,000 of net operating income each year. Calculate A and Bs capital accounts for the first year of operations using the traditional method and the traditional method with curative allocations.