Business
Business, 17.12.2020 17:20, 99keevintaylor012

Randall invested 200,000 in activity A and 100,000 in activity B (both passive) in 1998 at the beginning of 2011 randall’s at-risk amount was 20,000 in A and 15,000 in B activity a had a loss of 25,000 and activity B had income of 30,000 what is the amount of income or loss recognized in 2011 from these activities? a- 0
b- 5,000 income
c- 10,000 income
d- 25,000 losses

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Randall invested 200,000 in activity A and 100,000 in activity B (both passive) in 1998 at the begin...

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