Partner X is a 50% partner in the XY Partnership that has the following assets and liabilities at year-end. Assume the book basis and tax basis are the same amount.

Assets Basis Value

Machine $ 9,000 $ 21,000

Land $ 80,000 $ 100,000

Note 1 $ 15,000 $ 15,000

Note 2 $ 90,000 $ 90,000

Depreciation on the machine was allocated one-third to X and two-thirds to Y. Both notes are nonrecourse. If partner X has a negative capital account of ($5,000) and Y has a negative capital account of ($10,000), how much of the partnership's taxable income of $18,000 will be allocated to partner Y?