X and Y are equal partners in the XY partnership and share profits an$ losses accordingly. At the end of 20x1 the partnerships capital accounts reflect the following number due to a special allocation of depreciation

Capital X. Capital Y

($20000). $60000

All assets are sold for $40000 how will the liquidation affect X if the special allocation is to be respected?

A X contributes $20000 and receives $30000

B X contributes $20000 and receives nothing

C X contributes nothing

D X receives nothing