At-Risk Loss Limitation. Mary and Gary are partners in the MG Partnership. Mary owns a 40% capital, profits, and loss interest. Gary owns the remaining interest. Both materially participate in partnership activities. At the beginning of the current year, MG's only liabilities are $30, 000 in accounts payable, which remain outstanding at year-end. In November, MG borrows $100, 000 on a non recourse basis from First Bank. The loan is secured by property with a $200, 000 FMV. These are MG's only liabilities at year-end. Bases for the partnership interests at the beginning of the year are $80, 000 for Mary and $120, 000 for Gary after considering the impact of liabilities but before considering operations. MG has a $200, 000 ordinary loss during the current year. How much loss can Mary and Gary recognize