I believe you asking a familiar question on K-1 presentation when a member terminates their interest.
See the following from the instructions of the schedule K-1:
If your interest
terminated before the end of the
partnership's tax year, the partnership will
have entered, in the Ending column, the
percentages that existed immediately before
termination.
If your
interest commenced after the beginning of
the partnership's tax year, the partnership
will have entered, in the Beginning column,
the percentages that existed for you
immediately after admission.
Based on the above, I believe the presentation is correct for both.
While the presentation may appear contrary to what we would think it should look like, the IRS wants a different presentation. The key is to make sure that the allocation in Part III is accurate, and I imagine it is.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
