Peter acquired a passive activity several years ago. Until 2019, the activity was profitable, and Peter's at-risk amount at the beginning of 2019 was $72,000. The activity produced losses and income as indicated below
	Beginning at-risk amount	$ 72,000
	Year	Passive Income (Loss)
	2019	$ (22,000)
	2020	$ (13,000)
	2021	$ 28,000
REQUIRED	Show your work below the questions.
1. Track the at-risk amount through the three years, showing each year's beginning balance, each year's activity and each year's ending balance.
2. How much loss "survives" the at risk limitation each year and is passed on to the passive activity loss limitation analysis?
3. How much loss is suspended at the end of each year under the at-risk rules?
4. How much loss is suspended at the end of each year under the passive activity loss rules?