Required information [The foiiowing information applies to the questions displayed bellow} Rayr and Chuck own 50 percent capital and prots interests in Alpine Properties LLC. Alpine builds and manages rental real estate, and Ray and Chuck each workspercent capital and prots interests in Alpine Properties LLC. Alpine builds and manages rerltal real estate, and Ray and Chuck each works full time (overfull time (over 1,000 hours per year) managing Alpine. Alpine's debt [at both the beginning and end of the year] consists of $1,520,000 in nonrecourse mortgages obtained from an unrelated bank and secured by various rental properties. At the beginning ofthe current year, Rayr and Chuck each had a tax basis of $250,000 in his respective LLC interest, including his share of the nonrecourse mortgage debt. Alpine's ordinary business losses for the current yeartotaled $522,000, and neither member is involved in other activities that generate passive income. (Leave no answer blank. Enter zero if applicable} a. How much of each member's loss is suspended because ofthetaxbasis limitation? b. How much of each member's loss is suspended because of the at-risk limitation? Ray Chuck Loss suspendedc. How much of each member's loss is suspended because of the passive activity loss limitation? [Hint: See I.R.C. $469(c)(7).] Ray Chuck Loss suspendedd. If both Ray and Chuck are single and Ray has a current-year loss of $11,000 from a sole proprietorship, how much trade or business loss can each deduct on their tax return? Ray Chuck Loss deductible