Problems investments Help Save & Eat Subma Check my work 5 Required information Problem 7-60 (LO 7-4) (Algo) The following information applies to the questions displayed below) Rublo recently invested $25,000 (tax basis) in purchasing a limited partnership interest in which he will have no management rights in the company. His at-risk amount is $18,500. In addition, Rublo's share of the limited partnership loss for the year is $28,500, his share of income from a different limited partnership is $5.750, and he has $45,000 in wage income and $12,500 in long-term capital gains. ce Problem 7-60 Part-a (Algo) a. How much of Rubio's $28,500 loss is allowed considering only the tax boss loss limitations? Losa alowed an per tax bonis loss lenitation Check my worke Required information Problem 7-60 (LO 7-4) (Algo) [The following information applies to the questions displayed below.) Rublo recently invested $25,000 (tax basis) in purchasing a limited partnership interest in which he will have no management rights in the company, His at-risk amount is $18,500. In addition, Rubio's share of the limited partnership loss for the year is $28,500, his share of income from a different limited partnership is $5,750, and he has $45,000 in wage income and $12,500 in long-term capital gains Problem 7-60 Part-b (Algo) b. How much of the loss from part (a) is allowed under the at-risk limitations? Loss allowed as pet at risk imitation