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Ling Owns 3 Passive Investments At the End of 2013 What Is the Amount of the Following

question 30

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Ling owns 3 passive investments.During the last two years,she has the following income and loss from each activity:
20122013 Activity 1 $(14,000) $(6,000)  Activity 2 (6,000) (1,000)  Activity 3 8,00012,000\begin{array}{lrr}&2012 & 2013 \\ \text { Activity 1 } &\$(14,000) & \$(6,000) \\ \text { Activity 2 } &(6,000) & (1,000) \\ \text { Activity 3 } &8,000 & 12,000\end{array}
At the end of 2013 what is the amount of suspended loss allocated to Activity 2?

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Mailbox Rule

The mailbox rule is a legal principle that an offer is considered accepted once the acceptance is properly placed in the mail, even if it is lost or delayed.

Effective Upon Dispatch

Effective upon dispatch refers to the principle that certain actions, such as the sending of a notification or document, are considered effective from the moment they are sent, not when they are received.

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