A$,$ B$,$ and C form the equal ABC partnership.$$ Depreciation is allocated completely to C$,$ and any distributions in liquidation will be made according to the capital accounts of each partner.$$ Partners are required to restore deficit capital accounts upon liquidation.$$ The capital accounts of each partner are kept on a tax basis $($not book basis$),$ so contributions and distributions of property are recorded in the capital accounts at the properties$$ tax bases.$$ It is true or false that the allocation of depreciation will have economic effect? Explain briefly.