Manny Kant is invested two passive activities: Categorical, LLC and Imperative, Inc. As of $1/1/2022$ he had the following At$-$Risk Basis and Suspended Losses in each Investment:

Categorical, LLC Imperative, Inc.

At$-$Risk Basis

$$300,000$

$$0$

Suspended Losses under At$-$Risk

Rules

$($$$20,000)$

Suspended Passive Activity

Losses

$($$$50,000)$

$$0$

In addition, Manny was allocated the following passive income$/($loss$)$ from the investments in $2022$ and $2023$:

$\backslash$table$[[2022$ Income$/($loss$),($$$50,000),$$$50,000$

Required: Using the information from the previous part, what amount taxable income$/($loss$)$ will Manny recognize from his investment in these activities for $2023?$