Sydney is a partner in the Lime Partnership, which is not publicly traded. Her allocable share of Lime's passive ordinary losses from a nonrealty activity for the current year is ($300,000). Sydney has a $125,000 adjusted basis (outside basis) for her interest in Lime (before deduction of any of the passive losses). Her amount "at risk" under 465 is $100,000 (before deduction of any of the passive losses). She also has $60,000 of passive income from other sources. How much of the $300,000 passive loss allocated to her can Sydney deduct on her current year's tax return?

$60,000

$100,000

$300,000

$125,000

None of the above