A and B form a partnership; each contributes $500. They share all profits and losses equally. AB's initial Book Basis balance sheet is as follows:

Assets Liabilities & Capital

Cash $1,000

Capital - A $500

Capital - B $500

Initial Transaction - The partnership buys a building for $1,200, paying $300 cash and giving an $900 mortgage for the balance. AB also invested some of the cash in some stock ($200) and bonds ($200). What does AB's balance sheet look like after these transactions?