C and D form Partnership CD, and contribute the following assets into a 50/50 partnership:

AssetFMVAdjusted Tax Basis

Partner CLand #1$500,000$200,000

Partner DLand #2$200,000$100,000

Condominiums$300,000$400,000

Sometime after formation, the partnership sells all of the assets for the following prices:

Land #1$500,000

Land #2$300,000

Condominiums$400,000

How much gain (or loss) is allocated to each partner for each asset sale under the following methods?

B.Remedial method