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46. Tim owns 3 passive investments. During the current year, he has the following income and loss from each activity: Activity 1 $(7,000) Activity 2
46. Tim owns 3 passive investments. During the current year, he has the following income and loss from each activity: Activity 1 $(7,000) Activity 2 (3,000) Activity 3 4,000 What is the amount of suspended loss allocated to Activity 2? a. $ - 0 - b. $1,800 c. $3,000 d. $4,200 e. $6,000
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