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Krypton Partnership owns and operates an office building in the medical district of a large city. The property was contributed to the partnership several years

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Krypton Partnership owns and operates an office building in the medical district of a large city. The property was contributed to the partnership several years ago by partner K. Under the terms of the partnership agreement, K is allocated 35% of the partnership's profits, gains, losses and deductions, other than depreciation. Depreciation is allocated 60% to K and 40% to the other partners. The office building is encumbered by a nonrecourse mortgage of $815,000. Its tax basis is $825,000 and its book value is $750,000. Under the "alternative method" governing the allocation of partnership nonrecourse liabilities, how much of the nonrecourse liability will be allocated to K

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