In 2018 , Robert had the following income and losses from four passive activites ..

This year Robert had the following income and losses from four passive activities. Activity 1 Activity 2 Activity Activity 4 $(21,250) (10,75) (5,500) 35,000 Activity 4 had $10,625 of passive losses that are carried over from a prior year, Robert also had wages of $120,000. a. How much income or loss does Robert have from the four activities? b. How are the suspended PALS allocated? c. If Activity 1 were sold at an $19.625 gain, what would be the total income or loss from the four activities