Help Save & Ext Bill and Mercedes each have an interest in ABC partnership. They do not materially participate in the partnership. Bill and Mercedes are not married and are not related to each other. Based on the information provided below please provide the following for BILL: 1. Basis at the end of Year 5 (5 points) 2. Suspended losses at the end of Year 5 due to basis limitation, If any (5 points) 3. At-risk at the end of Year 5 (5 points) 4. Suspended losses at the end of Year 5 due to at-risk limitation, if any (5 points) 5. Suspended losses at the end of Year 5 due to Passive Activity Loss limitation, If any (5 points) 6. AGI for Year 5 taking into account the income/loss) from the investment in ABC (5 points) 37 BiH Partnership Interest of ABC Basis at end of Year 4 At-risk at end of Year 4 PAL carryover at end of Year 4 Contribution to ABC during Year 5 Distribution from ABC during Year 5 100% of Partnership income/floss) of Year 5 Mercedes 20% 25% 6,000 8,000 6,000 6,000 (1.000 (2,000) 40,000 40,000 80,000 2,000 Wages Dividend Income Interest Income Passive Income 50,000 4,000 1,000 4,000 Total AGI before income/(loss) from ABC 59.000 82,000 Help Save & Ext Bill and Mercedes each have an interest in ABC partnership. They do not materially participate in the partnership. Bill and Mercedes are not married and are not related to each other. Based on the information provided below please provide the following for BILL: 1. Basis at the end of Year 5 (5 points) 2. Suspended losses at the end of Year 5 due to basis limitation, If any (5 points) 3. At-risk at the end of Year 5 (5 points) 4. Suspended losses at the end of Year 5 due to at-risk limitation, if any (5 points) 5. Suspended losses at the end of Year 5 due to Passive Activity Loss limitation, If any (5 points) 6. AGI for Year 5 taking into account the income/loss) from the investment in ABC (5 points) 37 BiH Partnership Interest of ABC Basis at end of Year 4 At-risk at end of Year 4 PAL carryover at end of Year 4 Contribution to ABC during Year 5 Distribution from ABC during Year 5 100% of Partnership income/floss) of Year 5 Mercedes 20% 25% 6,000 8,000 6,000 6,000 (1.000 (2,000) 40,000 40,000 80,000 2,000 Wages Dividend Income Interest Income Passive Income 50,000 4,000 1,000 4,000 Total AGI before income/(loss) from ABC 59.000 82,000