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highlight answer please John, a limited partner of Candy Apple, LP, s allocated $31,500 of ordinary business loss from the partnership. Before the loss allocation,

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highlight answer please
John, a limited partner of Candy Apple, LP, s allocated $31,500 of ordinary business loss from the partnership. Before the loss allocation, his tax basis is $21,500 and at-risk amount is $11,500. John also has ordinary business income of $21,500 from Sweet Pea, a LP as a general partner and ordinary business income of $8,100 from Red Tomato, as a limited partner. How much of the $31,500 loss from Candy Apple can John deduct currenty Mutiple Choice 31,500 $23,400. $11,500 $8,100

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