J and K form an equal partnership JK$.$ J contributes equipment $(2$ years of $4$ years of tax depreciation deductions have been taken$)$ with an adjusted basis of $100$ and FMV of $200.$ K contributes cash of $200.$ Assume the equipment will be depreciated to $02$ years after the contribution $($assume the traditional method$).$

What are the tax implications of each year$$s depreciation deduction?