During the current year, Devon, a married individual who files a joint return, reports the following items of income and loss:

View the income and loss items.

Read the requirements.

Requirement a$.$ What is Devon's AGI for the year?

Devon's AGI for the year is

Requirement $b.$ What is the amount of suspended losses $($if any$)$ that may be carried over with respect to each activity? $($Do not round intermediary calculations.$)$

Suspended loss

Activity $Y$

Activity $Z$

Income and Loss Items

Salary

Activity $x($passive$)$

$ $134,000$

Activity Y $($rental real estate, nontrade or business$),(38,000)$

Activity $Z($rental real estate, nontrade or business$),(12,000)$

Devon actively participates in activities $Y$ and $Z$ and owns $100\%$ of both $Y$ and $Z.$