6. Multiples of 3- 6,9,12,15,18,21,24,27,30 Multiples of 9- 18,27,36,45,54,63,72,81,90 Common Multiples- 9 and 18 7. Multiples of 6- 12,18,24,30,36,42,48,54,60 Multiples of 8- 16,24,32,40,48,56,64,72,80 Common Multiples- 24 and 48
Step-by-step explanation: Jack's year-end risk amount is:
10% loss : $ 60,000 x 10% = $ 6,000
$ 42,000 - $ 6,000 = $ 36,000, this is the value of Jack's year-end risk amount
The amount a taxpayer has at risk is increased by the taxpayer's share of additional recourse debt and decreased by the share of losses from the activity. The at-risk amount is not affected by nonrecourse debt.
