Peggy is in the business of purchasing accounts receivable from businesses at a discount and then collecting them. Last year, she purchased a $30,000 account receivable for $25,000. This year, the account was settled for $25,000. How much loss can Peggy deduct and in which year? a. $5,000 for the prior year and $5,000 for the current year. b. $5,000 for the current year. c. So for the current year. x d. $5,000 for the prior year