Molly Grey (single) acquired a 30 percent limited partnership interest in Beau Geste LLP several years ago for $48,000. At the beginning of year 1, Molly has tax basis and an at-ilsk amount of $20,000. in year 1, Beau Geste incurs a loss of $180,000 and does not make any distributions to the partners. - In year 1, Mollys AGI (excluding any income or loss from Beau Geste) is $60,000. This includes $10,000 of passive income from other passive activites. - In year 2, Beau Geste earns income of $30,000. In addition, Molly contributes an additional $30,000 to Beau Geste during year 2. Molly's AGl In year 2 is $63,000 (excluding any income or loss from Beau Geste). This amount includes $8,000 in income from her other passive investments. Based on the above information, complete the requirements A1 to A3.

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