Jacqueline is a 60% owner of a rental property and has a significant role in the management

Question:

Jacqueline is a 60% owner of a rental property and has a significant role in the management of the property. During the current year, the property has a rental loss of $21,500. What is the effect of the rental property on her taxable income, if her adjusted gross income is
a. $71,000?
b. $129,000?
c. $187,000?
d. $107,000?