37. LO.9 Mandy, who has AGI of $80,000 before considering rental activities, is active in three separate

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37. LO.9 Mandy, who has AGI of $80,000 before considering rental activities, is active in three separate real estate rental activities. Mandy has a marginal tax rate of 22%. She has $12,000 of losses from Activity A, $18,000 of losses from Activity B, and income of $10,000 from Activity C. She also has $2,100 of tax credits from Activity A.

Calculate the deductions and credits that she is allowed and the suspended losses and credits.

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