Molly Grey (single) acquired a 30 percent limited partnership interest in Beau Geste LLP several years ago for $57,500. At the beginning of year 1, Molly has tax basis and an at-risk amount of $23,500. In year 1, Beau Geste incurs a loss of $205,500 and does not make any distributions to the partners.

• In year 1, Molly's AGI (excluding any income or loss from Beau Geste) is $74,000. This includes $18,900 of passive income from other passive activities.
• In year 2, Beau Geste earns income of $37,500. In addition, Molly contributes an additional $31,450 to Beau Geste during year 2. Molly's AGI in year 2 is $77,300 (excluding any income or loss from Beau Geste). This amount includes $16,120 in income from her other passive investments.

B. What are the cumulative total passive suspended losses at the end of year 2? For A1, A2 and A3

* Cumulative total passive suspended losses ?

Year 2 AGI:
AGI before Beau Geste:
Year 2 passive income from Beau Geste
Year 2 allowed passive losses
Year 2 AGI

$ 23,500 (23,500) $ 0 At-Risk Amount: Initial year 1 amount: Allowed loss End of year 1 at-risk amount Contribution for year 2 BG Income Allowed loss End of year 2 at-risk amount $ 31,450 11,250 (38,150)| 4,550 $ At-Risk Total Loss Allowed $ 61,650 $ 23,500 38,150 38,150 Year 1 At-Risk Disallowed 38,150 $ 0 $ $ Year 2 Passive Passive At-Risk Activity Loss Activity Loss Allowed Allowed Disallowed $ 23,500 $ 18,900 $ 4,600 38,150 27,370 10,780 Year 1 Year 2