John, a Limited Partner of Candy Apple, LP, Is Allocated

Multiple Choice

John, a limited partner of Candy Apple, LP, is allocated $35,000 of ordinary business loss from the partnership. Before the loss allocation, his tax basis is $25,000 and his at-risk amount is $15,000. John also has ordinary business income of $25,000 from Sweet Pea, LP, as a general partner and ordinary business income of $8,800 from Red Tomato as a limited partner. How much of the $35,000 loss from Candy Apple can John deduct currently?

A) $8,800
B) $15,000
C) $26,200
D) $35,000