During the current tax year, Roger disposed of his entire interest in a passive activity in a fully taxable transaction in which all realized gain or loss was recognized. The person acquiring the interest was not related to him. All gains and losses disallowed from the passive activity for the past years are listed below. How much of a loss or gain will Roger report in 2020?

2020 $18,750

2019 $(28,650)

2018 $(13,685)

2017 $(4,895)

2016 $36,000

2015 $(17,500)

Select one:

a.) $0

b.) $18,750

c) $(28,480)

d.) $(9,980)