AB Corporation and YZ Corporation formed a partnership to construct a shopping mall. AB contributed $$501,000$ cash, and YZ contributed land $($$$501,000$ FMV and $$431,000$ basis$)$ in exchange for a $50$ percent interest in ABYZ Partnership. Immediately after its formation, ABYZ borrowed $$250,500$ from a local bank. The debt is recourse $($unsecured by any specific partnership asset$).$Required:Compute each partners initial basis in its partnership interest, assuming that both AB and YZ are general partners.Compute each partners initial basis in its partnership interest, assuming that AB is a general partner, and YZ is a limited partner.