Question - Randall invested 200,000 in activity A and 100,000 in activity B (both passive) in 1998 at the beginning of 2011 Randall's at-risk amount was 20,000 in A and 15,000 in B activity a had a loss of 25,000 and activity B had income of 30,000 what is the amount of income or loss recognized in 2011 from these activities?
a-0
b-5,000 income
c-10,000 income
d-25,000 losses