Five years ago Gerald invested $126,000 in a passive activity, his sole investment venture. On January 1, 2020, his amount at risk in the activity was $25,200. His shares of the income and losses were as follows: Year 2020 2021 2022 Income (Loss) ($37,800) (25,200) 100,800 Gerald holds no suspended at-risk or passive activity losses at the beginning of 2020. If an answer is zero, enter "0". a. If losses were limited only by the at-risk rules, how much can Gerald deduct in 2020 and 2021? Year Loss Allowed Suspended 2020 ($37,800) 30,000 7,800 2021 ($25,200) 0 25,200 Total 33,000 b. Refer to the information in part (a) above. If losses were limited by the at-risk and the passive activity loss rules, how much would Gerald be able to deduct in 2020 and 2021? Of the allowable at-risk loss for 2020, Gerald may deduct $ 0 in 2020 due to the passive loss rules and of the allowable at-risk loss from 2021, Gerald may deduct $ 0 in 2021 due to the passive loss rules.