All 5 questions are together and i need all

31. Billy Bob is at risk for $10,000 in Partnership A and $22,000 in Partnership B on January 1, 2019. Both partnerships are passive activities to Billy Bob. Billy Bob's share of net income from Partnership A during 2019 was $8,000. His share of losses from Partnership B was $12,000. What are the tax consequences to Billy Bob for 2019? How much is he at risk for each activity on January 1, 2020? Does he have any loss carryovers under the at-risk rules? Does he have any suspended losses under the passive loss rules? 32. What would be your answer to Problem 31 if Billy Bob's share of net income from Partnership A was $9,000 and his loss from Partnership B was $25,000? 3,000 CD o 9 000 dduction 33. In 2019, Wilmah Lansing invested in the Triple-K Limited Partnership by paying $15,000 cash and signing a $40,000 nonrecourse note. She also pledged $25,000 worth of securities for a loan obtained by the partnership. Her basis in the securities was $10,000. What amount does Wilmah have at risk in Triple-K as of January 1, 2020, if the partnership broke even (no income or loss)? 34. Refer to the facts in Problem 33 and assume that Triple-K allocated to Wilmah net income of $10,000 from operations in 2019. What amount does Wilmah have at risk as of January 1, 2020? Would your answer be different if she also withdrew $5,000? Explain. 35. Refer to the facts in Problem 33 and assume instead that Triple-K allocated to her a loss of $60,000 in 2019. What amount does Wilmah have at risk as of January 1, 2020? IN V