Crystal Invested $8,000 Cash in CRK Partnership for a 30

Multiple Choice

Crystal invested $8,000 cash in CRK Partnership for a 30% general partnership interest.In its first year of operations,CRK lost $15,000.In its second year of operations,CRK lost an additional $14,000.How much of the second year's losses can Crystal deduct?

A) $700
B) $2,400
C) $3,500
D) $4,200