Jana Reports the Following Income and Loss Activities A, B, and C Are All Passive Activities

Multiple Choice

Jana reports the following income and loss: $$\begin{array} { | l | r | } \hline \text { Salary } & \$ 120,000 \\\hline \text { Income from activity A } & 60,000 \\\hline \text { Loss from activity B } & ( 30,000 ) \\\hline \text { Loss from activity C } & ( 70,000 ) \\\hline\end{array}$$ Activities A, B, and C are all passive activities.
Based on this information, Jana has the following suspended losses:

A) $$\begin{array} { | l | l | } \hline \text { Activity B } & \text { Activity C } \\\hline \$ 30,000 & \$ 70,000 \\\hline\end{array}$$
B) $\begin{array}{|l|l|}\hline\text { Activity B } & \text { Activity C } \\\hline\$ 0 & \$ 0\\\hline\end{array}$
C) $$\begin{array} { | l | l | } \hline \text { Activity B } & \text { Activity C } \\\hline \$ 18,000 & \$ 42,000 \\\hline\end{array}$$
D) $$\begin{array} { | l | l | } \hline \text { Activity B } & \text { Activity C } \\\hline \$ 12,000 & \$ 28,000 \\\hline\end{array}$$