Toni has a number of income producing activities of which some general net income and some produce losses. The results of the income earning activities for the year ended 30 June 2015 are as follows: Toni owns a residential rental property where the deductible expenses associated with the property exceed the income from the property by $3500. Toni carries on a business in which ASX and the allowable deductions associated with the shares greater than the associated income by $8900 What is Tom's total net investment loss for the year ended 30 June 2015? C, $8900