Rachel acquired a passive activity several years ago. Until 2016, the activity was profitable, and Rachels at-risk amount at the beginning of 2016 was $300,000. The activity produced losses of $80,000 in 2016, $50,000 in 2017, and $70,000 in 2018. In 2019, the activity produced income of $90,000. How much is Rachels suspended passive activity loss at the beginning of 2020?

a. $150,000. b. $110,000. c. $60,000. d. $0. e. None of these.

30. Rachel acquired a passive activity several years ago. Until 2016, the activity was profitable, and Rachel's at-risk amount at the beginning of 2016 was $300,000. The activity produced losses of $80,000 in 2016, $50,000 in 2017, and $70,000 in 2018. In 2019, the activity produced income of $90,000. How much is Rachel's suspended passive activity loss at the beginning of 2020? a. $150,000. b. $110.000. c. $60,000 d. $0. e. None of these