Molly Grey (single) acquired a 30 percent limited partnership interest in Beau Geste LLP several years ago for $63,000. At the beginning of year 1, Molly has tax basis and an at-risk amount of $22,500. In year 1, Beau Geste incurs a loss of $188,500 and does not make any distributions to the partners.

• In year 1, Molly's AGI (excluding any income or loss from Beau Geste) is $64,400. This includes $14,400 of passive income from other passive activities.
• In year 2, Beau Geste earns income of $39,500. In addition, Molly contributes an additional $29,050 to Beau Geste during year 2. Molly's AGI in year 2 is $68,600 (excluding any income or loss from Beau Geste). This amount includes $10,880 in income from her other passive investments.

a. Based on the above information, complete the following table:

Please complete REQ A1, REQ A2 and REQ A3:

b. Based on the above information, complete the following table:

Reg A1 Reg A2 Reg A3 Based on the above information, complete the 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 Reg A1 Reg A2 Reg A3 Based on the above information, complete the following Year Total Loss At-Risk Allowed At-Risk Disallowed 1 2 Reg A1 Reg A2 Req A3 Based on the above information, complete the followin Year At-Risk Allowed Passive Passive Activity Loss Activity Loss Allowed Disallowed 1 2 Complete this question by entering your answers in the tabs below. Req B1 Req B2 What are the cumulative total passive suspended losses at the end of year 2? Cumulative total passive suspended losses Req B1 Reg B2 Based on the above information, complete the following table: Year 2 AGI: AGI before Beau Geste: Year 2 passive income from Beau Geste Year 2 allowed passive losses Year 2 AGI