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I need details answer 35. Loren owns three passive activities that have the following income and loss for the current year: Passive Activity A $25,000

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35. Loren owns three passive activities that have the following income and loss for the current year: Passive Activity A $25,000 Passive Activity B (10,000) Passive Activity C (40,000) If none of the passive activities are rental real estate activities, what is the amount of suspended loss attributable Activity C? a. $-0- b. $18,750 c. $20,000 d. $25,000 e. $40,000

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