Question: AB form a p - ship contributing $ 2 , 5 0 0 cash each. A and B are both general partners. They then purchase

AB form a p-ship contributing $2,500 cash each. A and B are both general partners. They then purchase a building for $2,650 by incurring a $1,250 recourse note payable. The partnership has a Deficit Restoration Obligation provision. They share profits and losses 60% to A,40% to B.
How is this recourse liability allocated?
A $1,250; B $0
A $625; B $625
A $0; B $1,250
A $750; B $500

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