Adelaide is a partner in Runyonland, Ltd. She does not materially participate in the partnership, and she has no passive income. All of her investment is at risk. Her only income, other than the Schedule K-1, is $50,000 from Form W-2. Her Schedule K-1 (Form 1065) showed a $5,000 loss in box 1. Her outside basis at the beginning of the year was $3,000. She contributed $1,000 in March. Information needed for all four loss limitations has been provided. After applying all four limitations, how much of the $5,000 loss will be DISALLOWED? $0 $1,000 $3,000 $5,000