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Brayden, a limited partner of Sugar Coma, LP, is allocated $23,500 of ordinary business loss from the partnership. Before the loss allocation, his tax basis

Brayden, a limited partner of Sugar Coma, LP, is allocated $23,500 of ordinary business loss from the partnership. Before the loss allocation, his tax basis is $17,500 and atrisk amount is $7,500. Brayden also has ordinary business income of $17,500 from Pure Sugar, LP as a general partner and ordinary business income of $7,000 from Chocolate Chip, LP as a limited partner. How much of the $23,500 loss from Sugar Coma can Brayden deduct currently?

A. $7,000. B. $7,500. C. $16,500. D. $23,500.

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