Susan and Theo are equal partners in the S&T Partnership. On January 1 of the current year, the Partnership had no debt, and each partner's adjusted basis in S&T was $37,000. During the current year, S&T Partnership borrowed $6,000, for which Susan and Theo are personally liable. S&T sustained an operating loss of $100,000 for the current year ended December 31. How much loss is currently deductible by each partner?

a. $50,000

b. $43,000

c. $40,000

d. $34,000