Suppose that the partnership of Lane, Murdock, and Nu of Self-Study Question 3 lost \(\$ 40,000\) during 19X6. Frank Murdock's share of this loss is (p. 525)

a. Not determinable because the ratio applies only to profits

b. \(\$ 13,333\)

c. \(\$ 16,000\)

d. \(\$ 16,667\)