Janet has a taxable income of $54,070 from her salary and investment assets. She also owns 3 passive activities that have the following income (loss) for the year:

Passive Activity 1	$10,770
Passive Activity 2	$(18,380)
Passive Activity 3	$(8,500)

Note: Do not round your intermediate computations. Round your final answers to the nearest dollar.

a. What is the effect of the passive activities on Janet's income?

Janet has a loss of $___________. She is allowed to deduct these losses (aganist passive/aganist nonpassive/ for AGI) . Her net taxable income is $___________.

b. How much suspended loss does Janet have in each passive activity?

Of Janet's $____________ suspended loss, $__________ is allocated to Passive Activity 2 and $___________ to Passive Activity 3.