close all EXHIBITS exhibits Year 2 Activity Scroll down to complete all parts of this task. On January 1, Year 2, two individual taxpayers, Burke and Link, each invested in a business activity. Burke actively participated in the rental of commercial property, and Link was a passive investor in a cattle breeding business operated as a limited partnership. Both activities sustained losses in Year 2 and are not subject to the excess business loss rules. The exhibit above relates to each activity for Burke and Link. For each item requested in column A of the table below, enter the amounts in the associated cells in columns B and C for Burke and Link. Enter all responses as positive values. If a response is zero, enter a zero (0). A B C Item Burke Link 123 123 Amount at risk in measuring 2 loss limitation before Year 2 loss 123 123 3 Loss that can be deducted in Year 2 123 123 4 Amount at risk at December 31, Year 2 123 23 5 Suspended passive loss at December 31, Year 2Year 2 Activist+ X Year 2 information Burke Link Ownership in the activity 50% 10% Cash investments $ 10,000 $ 60,000 Modified adjusted gross income - married filing jointly 110,000 175,000 Investor share of activity loss 35,000 50,000 Investor share of nonrecourse debt at December 31, Year 2 50,000 40,000 Investor share of recourse debt at December 31, Year 2 45,000 0 Passive income from other sources 0 5,000