Rex Remington has the following passive activity items:

Prior-year passive loss carryforward amounts:

($3,000) from ABC PTP

($8,000) from XYZ PTP

Current-year passive income and loss amounts:

$5,000 ABC PTP

$2,000 DEF PTP

$4,000 XYZ PTP

$10,000 CHI

($7,000) JKL

($8,000) RST

Note: PTP denotes Publicly Traded Partnership, all other activity is private interest.

What is the net income reported this year for the private interest activity?

A. $0

B. $2,000

C. $3,000

D. ($5,000) D is not the answer