this is for 2021:

During the current year, Jay is a partner in an automobile dealership. Jay's amount at risk at the beginning of the year is $90,000, and during the current year Jays share of the dealerships ordinary loss is $120,000. a. What is the amount of the loss from the automobile dealership that Jay may deduct in the current year? b. If the dealership has a profit of $63,000 in the subsequent year, how much of the subsequent year income is taxable to Jay?