Required information Problem 7.60 (LO 7.4) (Algo) (The following information applies to the questions displayed below] Rubio recently invested $25.000 (tax basis) in purchasing a limited partnership interest in which he will have no management rights in the company. His at-iak amount is $18,500, In addition, Rubio's share of the limited partnership loss for the year is $28,500, his share of income from a different limited partnership is $5,750. and he hos $45,000 in wage income and $12,500 in long-term capital gains. Problem 7.60 Part-a (Algo) a. How much of Rubio's $28,500 loss is allowed considering only the tax-blisis loss limitations