JMark for follow up estion 4 of 25. r the tax year, Ashes to Dust, a partnership, reported a $75,000 ordinary loss and a $29, % partner, had an adjusted basis of $16,000 at the beginning of the year. What is Dustin ar? Allowable loss: $8,000. Adjusted basis: $7,000. Allowable loss: $16,000. Adjusted basis: $0. Allowable loss: $30,500. Adjusted basis: $0. Allowable loss: $37,500. Adjusted basis: $7,500. Mark for follow up