Myer owns a 20% interest in a partnership (not involved in real estate) in which his at-risk amount was $50,000 at the beginning of the year. During the year, he receives a $40,000 distribution from the partnership. The partnership produces a $160,000 loss during the year. What is Myers deductible loss for the year (ignore passive loss rules)?

a..$0.

b..$50,000.

c..$10,000.

d..$32,000.