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Marshall, an attorney, earns $200,000 from his law practice in the current year. His dividend income for the year is $15,000. He also has the

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Marshall, an attorney, earns $200,000 from his law practice in the current year. His dividend income for the year is $15,000. He also has the following income and loss from his other investments: Activity A incurred a loss of $50,000. Marshall is not a material participant in Activity A. His at-risk investment in Activity A is $65,000 at the beginning of the year. Activity B incurred a loss of $18,000. Marshall is a material participant in Activity B. His at-risk investment in Activity Bis $12,000 at the beginning of the year. What is Marshall's gross income for the year? What is Marshall's suspended at-risk loss carryover and passive activity loss carryover at the end of the year, if any? Show computations

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