Larry and Bob each contribute $1,250 cash to a general partnership. The partnership uses $5000 in Year one to pay for currently deductible items. There is no other year one income or loss. The partnership agreement allocates profits and losses 50% to each partner. All allocations are reflected in the partner's book capital accounts and liquidating distributions are required to be made according to the partners positive capital account balances. Each partner has a qualifying deficit capital account restoration obligation. How is the loss from operations allocated in the "book" accounts? And the tax accounts?