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Ling owns 3 passive investments. During the last two years, she has the following income and loss from each activity: 2014 2015 Activity 1 $(14,000)

Ling owns 3 passive investments. During the last two years, she has the following income and loss from each activity:

2014

2015

Activity 1

$(14,000)

$(6,000)

Activity 2

(6,000)

(1,000)

Activity 3

8,000

12,000

?

At the end of 2015 what is the amount of suspended loss allocated to Activity 2?

According to the test bank 2016, the answer is (a). Please explain. Thank you!

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