Peggy is in the business of purchasing accounts receivable from businesses at a discount and then collect receivable for $$25,000.$ This year, the account was settled for $$25,000.$ How much loss can Peggy deduct

a$.$ $$5,000$ for the prior year.

b$.$ $$-0-$ for the current year.

c$.$ $$5,000$ for the prior year and $$5,000$ for the current year.

d$.$ $$5,000$ for the current year.