During 2016,Pamela Worked Two "Jobs

Multiple Choice

During 2016,Pamela worked two "jobs." She performed financial consulting activities for 1,000 hours and real estate development and rental activities for 1,200 hours.Her real estate development and rental activities produced a loss of $35,000.Her financial consulting generated a net business income of $40,000.How much of the loss can Pamela deduct against her financial consulting income?

A) ​$-0-
B) ​$17,500
C) ​$25,000
D) ​$35,000
E) ​$40,000