Question: please show step by step work with explanation. thanks. 1. Jana reports the following income and loss: Salary Income from activity A Loss from activity

please show step by step work with explanation. thanks.

1. Jana reports the following income and loss: Salary Income from activity A Loss from activity B Loss from activity C $ 120,000 60,000 (30,000) (70,000) Activities A, B, and C are all passive activities. - cany are Based on this information, Jana has the following suspended losses A) Activity B Activity C $30,000 $70,000 4 Rctivity B SO Activity C SO C) Activity B $18,000 Activity C $42,000 D Activity B $12,000 Activity C $28.000

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