Geddy is a litigation attorney and he has very little time to spend on other matters. geddy has 100,000 in wages as attorney. has taxable interest income of 1000 and taxable dividend income of 9000. geddy has a number of other investment activities:

sawyer LLc- 30,000 income

barchetta apts: 40,000 loss

toronto arms: 50,000 loss

earthshine inc: 10,000 loss

all activities are rental operations in which geddy actively participates. he owns 100% of barchetta and toronto. 25% of sawyer and 20% of earthshine. no carry overs from prior years.

a. compute minimum adjusted gross income

b. what carry overs will he have if any?