Tobias Beckett contributed property to the newly formed TBRD Partnership in exchange for 60% of the partnership income and losses. The property had a $100,000 adjusted basis to Tobias and a $160,000 fair market value on the contribution date. The property was also encumbered by a $120,000 nonrecourse debt, which was transferred to the partnership on that date. The other partner, Rio Durant, shares 40% of the partnership income and losses. What are Tobias and Rios relative shares of partnership non-recourse debt and how did you allocate the debt?