A H L; U i: l- Li H | J K L M N U l" L! H 5 | U V W rnuary1, 2021 N, U, and P form a general partnership as equal partners. The partnership agreement contains the substanicial economic effect safe harbor provisions. N contribute: with a FM'U of 200,000 and a basis ol100,000. U and P each contribute 200,000 in cash. At Formation: I Asstes: I II Tax: Book: Partners: N: Cl: P: Cap Acct: Cap Acct: Cap Acct: Tax: Tax: Tax: For the calendar year 2021, the partnership has no income. The partnership does not capitalize $340,000 of the cash into a builidng constructed on the land. The partnership spent the remaining 50,000 of the cash on deductible business expenses. After 2021 ended, what is the inside basis and book value of all assets and what is the outisde basis and capital accounts For all partners? Year 2021: Assets: Tax: Book: Partners: N: U: P: Cap Account: Cap Account: Cap Account: Tax: Tax: Tax