Wayne owns 30% of Label Maker Corporation. Label Maker is organized as an Scorporation. During 2019, Label Maker has a loss of $160,000. At the beginning of 2019, Wayne's at-risk amount in Label Maker is $30,000. a. Assuming that Wayne's investment in Label Maker is not a passive activity, his deductible loss in 2019 is $ b. In 2020, Label Maker has a taxable income of $50,000. What is the effect on Wayne's 2020 income? net $0