Five years ago Gerald invested $102,000

Five years ago Gerald invested $102,000 in a passive activity, his sole investment venture. On January 1, 2014, his amount at risk in the activity was $20,400. His shares of the income and losses were as follows:YearIncome (Loss)2014($30,600)2015(20,400)201640,400YearLossAllowedDisallowed2014($30,600)$$2015($20,400)Total$d. Considering both at-risk and passive loss rules, what is the amount of Gerald’s suspended passive losses at the end of 2016? $At the end of 2016, what is the amount of Gerald’s adjusted basis in the activity?$

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