(answered) - I need help with this question, please. Molly Grey (single)

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I need help with this question, please.

Molly Grey (single) acquired a 30 percent limited partnership interest in Beau Geste LLP several years ago for $64,500. At the beginning of year 1, Molly has tax basis and an at-risk amount of $28,000. In year 1, Beau Geste incurs a loss of $200,000 and does not make any distributions to the partners.

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?	In year 1, Molly's AGI (excluding any income or loss from Beau Geste) is $79,600. This includes $11,500 of passive income from other passive activities.
?	In year 2, Beau Geste earns income of $30,800. In addition, Molly contributes an additional $28,260 to Beau Geste during year 2. Molly's AGI in year 2 is $84,700 (excluding any income or loss from Beau Geste). This amount includes $8,080 in income from her other passive investments.

Molly Grey (single) acquired a 30 percent limited partnership interest in Beau Geste LLP several years ago for $64,500. At the beginning of year 1, Molly has tax
basis and an at-risk amount of $28,000. In year 1, Beau Geste incurs a loss of $200,000 and does not make any distributions to the partners.
? In year 1, Molly's AGI (excluding any income or loss from Beau Geste) is $79,600. This includes $11,500 of passive income from other passive activities.
? In year 2, Beau Geste earns income of $30,800. In addition, Molly contributes an additional $28,260 to Beau Geste during year 2. Molly's AGI in year 2 is
$84,700 (excluding any income or loss from Beau Geste). This amount includes $8,080 in income from her other passive investments.
Based on the above information, complete the following tables: (Leave no answers blank. Enter zero if applicable.)

At-Risk Amount:
Initial year 1 amount:
Allowed loss:
End of year 1 at-risk
amount
Contribution for year 2
BG Income
Allowed loss:
End of year 2 at-risk
amount

Year
1
2
Year
1
2

$28,000
(28,000)
$0
$28,260
9,240

Total
Loss

At-Risk
At-Risk
Allowed Disallowed
$28,000
$0
Passive Activity
Passive Activity Loss
Loss Allowed
Disallowed
$11,500
$16,500
17,320

What are the cumulative total passive suspended losses at the end of year 2?

Year 2 AGI:
AGI before Beau Geste:
$84,700
Year 2 passive income from Beau Geste
9,240
Year 2 allowed passive losses
(17,320)
Year 2 AGI
$76,620



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