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PLZ ANSWER CAREFULLY AND SHOW ALL AVAILABLE WORK/EXPLANATION! I NEED THIS WITHIN 2 HOURS OF THE POST! TY Problem 7a: Investor Losses Manny Kant is

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PLZ ANSWER CAREFULLY AND SHOW ALL AVAILABLE WORK/EXPLANATION! I NEED THIS WITHIN 2 HOURS OF THE POST! TY

Problem 7a: Investor Losses Manny Kant is invested one passive activity - Categorical, LLC. As of 1/1/2022 he had the following At-Risk Basis and Suspended Losses in Categorical: In addition, Manny was allocated the following passive income/(loss) from Categorical in 2022 and 2023: Finally, during 2023 Manny invested an additional $25,000 into the activity. Required: What is Manny's ending at-risk basis in Categorial, LLC as of 12/31/2023

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