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Tim Owns 3 Passive Investments  Activity 1 $(7,000) Activity 2 (3,000) Activity 34,000\begin{array}{lc}\text { Activity 1 } & \$(7,000) \\\text { Activity 2 } & (3,000) \\\text { Activity } 3 & 4,000\end{array}

question 123

Multiple Choice

Tim owns 3 passive investments.During the current year,he has the following income and loss from each activity:
 Activity 1 $(7,000)  Activity 2 (3,000)  Activity 34,000\begin{array}{lc}\text { Activity 1 } & \$(7,000) \\\text { Activity 2 } & (3,000) \\\text { Activity } 3 & 4,000\end{array}
What is the amount of suspended loss allocated to Activity 2?


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