QUESTION POSTED EARLIER- BUT ANSWER from CHEGG WAS INCOMPLETE AND WRONG- REPOSTING PLEASE

Molly Grey (single) acquired a 30 percent limited partnership interest in Beau Geste LLP several years ago for $50,000.

At the beginning of year 1, Molly has tax basis and an at-risk amount of $22,000. In year 1, Beau Geste incurs a loss of $208,500 and does not make any distributions to the partners.

In year 1,

Molly's AGI (excluding any income or loss from Beau Geste) is $65,800. This includes $19,900 of passive income from other passive activities.

In year 2,

Beau Geste earns income of $31,500. In addition, Molly contributes an additional $37,600 to Beau Geste during year 2. Molly's AGI in year 2 is $71,500 (excluding any income or loss from Beau Geste). This amount includes $17,800 in income from her other passive investments.

a. Based on the above information, complete the following tables: (Leave no answers blank. Enter zero if applicable.)

AT Risk Amount

Initial (Year 1) amount	--------------$
Allowed Loss:	$
End of (Year 1) At- Risk amount	$
Contribution for (Year 2)	$
Beau Gest Income	$
Allowable Loss:	$
End of (Year 2) At-Risk amount

Year	Total Loss	At-Risk Amount	At-Risk Disallowed	Passive Activity Loss Allowed	Pass Activity Loss Disallowed
1	$	$	$	$	$
2	$	$	$	$	$

B. What are the cumulative total passive suspended losses at the end of year 2?

C. Based on the above information, complete the following table: (Leave no answers blank. Enter zero if applicable.)

Year 2 AGI:

AGI Before Beau Geste	$
Year 2 Passive Income from beau Geste	$
Year 2 allowed passive losses	$
Year 2 AGI	$
Leave Blank- Just used to make columns bigger	______________