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Saved Help Problem 13-44 (LO 13-2) This year Robert had the following income and losses from four passive activities: Activity 1 $ 121,750) Activity 2

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Saved Help Problem 13-44 (LO 13-2) This year Robert had the following income and losses from four passive activities: Activity 1 $ 121,750) Activity 2 (11,050) Activity 3 (5,700) Activity 4 35,800 Activity 4 had $10,875 of passive losses that are carried over from a prior year. Robert also had wages of $124,000, Required: a. How much Income or loss does Robert have from the four activities? b. How are the suspended PALs allocated? c. If Activity 1 were sold at an $20,275 gain, what would be the total income or loss from the four activities? Complete this question by entering your answers in the tabs below. Required A Required B Required How much income or loss does Robert have from the four activities? Required A Required B > Net income Net loss 2 Problem 13-44 (LO 13-2) 4 points BOOK This year Robert had the following income and losses from four passive activities: Activity 1 5 (21,750 Activity 2 11.050) Activity (5.700) Activity 4 35,000 Activity 4 hod 510,875 of passive losses that are carried over from a prior year. Robert also had wages of $124.000, Required: a. How much income or loss does Robert have from the four activities? b. How are the suspended PALS allocated? c. If Activity 1 were sold at an $20,275 gain, what would be the total income or loss from the four activities? Print References Complete this question by entering your answers in the tabs below. Required A Required B Required How are the suspended PALs alocated? (Do not round intermediate calculations and round your final answers to the nearest whole dollar amount.) Allowed PAL Suspended PAL Activity 1 2 3 Ruod A Required 2 Problem 13-44 (LO 13-2) 4 This year Robert had the following income and losses from four passive activities: Joints eBook Activity 1 $ (21,750) Activity 2 (11.050) Activity (5,700) Activity 4 35,000 Activity 4 hod $10,875 of passive losses that are carried over from a prior year. Robert also had wages of $124.000. Required: a. How much income or loss does Robert have from the four activities? b. How are the suspended PALS allocated? c. If Activity 1 were sold at an $20,275 gain, what would be the total income or loss from the four activities? Print References Complete this question by entering your answers in the tabs below. Required A Required B Required If Activity 1 were sold at an $20,275 gain, what would be the total income or loss from the four activities? (Do not round Intermediate calculations and round your final answers to the nearest whole dollar amount.)

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