Required information [The following information applies to the questions displayed below] Nareh began the year with a tax basis of $32,000 in her partnership interest. Her share of partnership liabilities consists of $12,000 of recourse liabilities and $11,000 of nonrecourse liabilities at the beginning of the year and $12,000 of recourse liabilities and $15,000 of nonrecourse liabilities at the end of the year. During the year, she was allocated $43,000 of partnership ordinary business loss. Nareh does not materially participate in this partnership, and she has $7,000 of passive income from other sources. a. How much of Nareh's loss is limited by her tax basis? Loss limited by her tax basis I Required information [The following information applies to the questions displayed below] Nareh began the year with a tox basis of $32,000 in her partnership interest. Her share of partnership liabilities consists of $12.000 of recourse liabilities and $11,000 of nonrecourse liabilities at the beginning of the year and $12,000 of recourse liabilities and $15,000 of nonrecourse liabilities at the end of the year. During the year, she was allocated $43,000 of partnership ordinary business loss. Nareh does not materially participate in this partnership, and she has $7,000 of passive income from other sources. b. How much of Nareh's loss is limited by her at-risk amount? Loss linned by her at-risk amount Required information [The following information applies to the questions displayed below.) Nareh began the year with a tax basis of $32,000 in her partnership interest. Her share of partnership liabilities consists of $12,000 of recourse liabilities and $11,000 of nonrecourse liabilities at the beginning of the year and $12,000 of recourse liabilities and $15,000 of nonrecourse liabilities at the end of the year. During the year, she was allocated $43,000 of partnership ordinary business loss. Nareh does not materially participate in this partnership, and she has $7,000 of passive income from other sources. c. How much of Nareh's loss is limited by the passive activity loss rules? Loss limited by the passive activity loss rules