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Chrome File e Edit View History Bookmarks Profiles Tab Window Help Q Sun May 18 5:42 PM D2L Final Exam - Part 1 - 2025SP- X Question 48 - Final Exam - Pa x Dashboard X + G o ezto.mheducation.com/ext/map/index.html?_con=conexternal_browser=0launchUrl=https%253%252F%252Fconnect.mheducation.... P New Chrome available : All Bookmarks Final Exam - Part 1 i Saved Help Save Exit Submit Michelle is an active participant in the rental condominium property she owns. During the year, the property generates a ($20,500) loss; however, Michelle 48 has sufficient tax basis and at-risk amounts to absorb the loss. If Michelle has $126,000 of salary, $11,100 of long-term capital gains, $4,100 of dividends, and no additional sources of income or deductions, how much loss can Michelle deduct? 3 points Multiple Choice O $0; losses from rental property are passive losses and can only be offset by passive income. O $16,100 O $4,400 O $20,500 Mc Graw Hill MAY 18 utv OT W