• Partner A contributes cash of $70,000 for a 70% interest in capital and profits. Partner B contributes an asset with a basis of $20,000 for the remaining 30% interest in capital and profits. Partner B depreciated this asset using straight-line and the asset had a remaining useful life of 5 years (its original useful life was 10 years). After forming, the partnership earned ordinary income of $2,000. Consider under what circumstances each of the methods is most attractive. (e.g., What would the tax profile of each partner be for a particular method to be attractive to her