Lori owns a 50% interest in a bike store in which she was a material participant in for the last 25 years. However, Lori retired last year and will not participate in the activity in the future. She continues to be a material participant in a makeup and beauty store. The operations of the bike store resulted in a loss to Lori of $40,000 and her share of her beauty store earned $75,000 income. Which is true of Lori?

A. Lori can deduct $40,000 as an active participant

B. The bike store loss is considered a susended loss

C. The $75,000 income is considered portfolio income

D. Lori is not the owner and she cannot take a deduction