Raina Owns 100% of Tribo Inc

Multiple Choice

Raina owns 100% of Tribo Inc., an S corporation. She started the business this year with a $100,000 capital contribution. In addition, the business borrowed $50,000 from the bank which she had to guarantee. Tribo incurred a first year operating loss of $170,000. Raina will deduct an ordinarly loss this year of

A) $170,000.
B) $100,000.
C) $150,000.
D) $0.