Grebe Corporation, a closely held corporation that is not a PSC$,$ had $$90,000$ of net active income, $$40,000$ of portfolio income, and a $$120,000$ passive activity loss during the current year. How much of the passive activity loss can Grebe deduct in the current year?

a$.$

$$0$

b$.$

$$90,000$

c$.$

$$40,000$

d$.$

$$120,000$