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Problem 11-37 (LO. 1, 3) Dorothy acquired a 100% interest in two passive activities: Activity A in January 2010 and Activity B in 2011. Through

Problem 11-37 (LO. 1, 3)

Dorothy acquired a 100% interest in two passive activities: Activity A in January 2010 and Activity B in 2011. Through 2013, Activity A was profitable, but it produced losses of $200,000 in 2014 and $100,000 in 2015. Dorothy has passive income from Activity B of $20,000 in 2014 and $40,000 in 2015.

The amount of losses she may deduct in 2015 is $ and the total suspended losses carried forward to 2016 is $ ??? and the total suspended losses carried forward to 2016 is $???.

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