Brent Fullback owned four passive activity interests in 2018:

On March 2, 2018, Fullback sold his entire interest in A-1 for \(\$ 15,000\). His basis in the activity on January 1, 2018, was \(\$ 11,000\). Compute the following:

a. Gain or loss realized from the sale of A-1

b. Passive loss deduction (against nonpassive income) and type (i.e., ordinary income (loss) or capital income (loss))

c. Suspended losses and how they are allocated

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Activity A-1 B-2 C-3 D-4 2018 Allocated Gain/ (Loss) 14,000 01/25/95 (22,000) 07/03/97 (5,000) 08/01/99 (3,000) Date Acquired 11/22/92 Pre-2018 Suspended Loss (27,000) (25,000) (8,000) (1,000)