Mr. Ashwood is married and involved in two businesses: He is a 20% partner in OK-1 Enterprise, LLP, and the sole owner and operator of Tulsa Motor Services. In 2022, OK-1 Enterprise, LLP generated $600,000 of taxable profit. Tulsa Motor Services generated a $(625,000) loss. How much of Mr. Ashwoods business loss is not currently deductible for 2022 due to the excess business loss limitation?

Group of answer choices

$(25,000)

None of these choices are correct.

All of Mr. Ashwood's business loss is currently deductible.

$(235,000)