eon sells his interest in a passive activity for $204,500. Determine the tax effect of the sale based on each of the following independent facts:

a. Adjusted basis in this investment is $71,575. Losses from prior years that were not deductible due to the passive activity loss restrictions total $78,733.

The suspended losses at the end of the year are .....

b. Assume the same sales price but the adjusted basis in this investment is $153,375. Losses from prior years that were not deductible due to the passive activity loss restrictions total $78,733.

The suspended losses at the end of the year are...

c. Assume the same sales price but the adjusted basis in this investment is $153,375. Losses from prior years that were not deductible due to the passive activity loss restrictions total $78,733. In addition, suspended credits total $20,450.

The suspended losses at the end of the year are ...

The suspended credits at the end of the year are ...