During 2019, Hugh had the following net income and loss with respect to nonrental nonreal estate activities:

Activity X

($50,000) net loss

Activity Y

$20,000 net income

Both Activity X and Activity Y are passive activities to Hugh. Hugh purchased Activity X in 1987 and Activity Y in 1993. How much loss that Hugh may deduct in 2019?

a.        ($50,000)

b.        ($30,000)

c.        ($3,000)

d.        $0

d.     None of these