K$,$ G and L form a new partnership to operate a charter airplane company. K contributes a plane with a tax basis of $$900,000$ and fair market value of $$2,400,000$ in exchange for a one$-$third interest. The plane is subject to a $$1,200,000$ liability, for which the partnership assumes responsibility. G contributes a second plane with a tax basis of $$950,000$ and a book value of $$1,200,000$ in exchange for a one$-$third interest. L contributes $$1,200,000$ cash in exchange for the remaining one$-$third interest. Assume that both planes have remaining useful lives for book and tax purposes of $10$ years and that the partnership uses the straight$-$line method to compute depreciation $($depreciate these assets under a $10$ year life$).$

a$.$ Show how the partnership will allocate tax depreciation among the partners using the traditional method under Code Sec. $704($c$).$ Assume that the partnership agreement allocates all items of income, deduction, gain and loss equally among the partners.

b$.$ How would depreciation expense be allocated if the partnership uses the traditional method with curative allocations under Code Sec. $704($c$)?($Assume the partnership had gross rental income of $$120,000$ from its charter activity in the current year$).$

c$.$ How would depreciation be allocated if the partnership uses the remedial allocations method under Code Sec. $704($c$)?$