For the tax year, LMN partnership reported a $63,000 ordinary loss and a $25,000 increase in recourse liabilities for which the partners are liable. Gina, a 50% partner, had an adjusted basis of $15,000 at the beginning of the year. What is Gina's allowable loss and her adjusted basis in LMN at the end of the year?

A. Allowable loss: $31,500. Adjusted basis: $6,500.

B. Allowable loss: $31,500. Adjusted basis: $4,000.

C.Allowable loss: $31,500. Adjusted basis: $0.

D. Allowable loss: $10,000. Adjusted basis: $4,000