Enter problem statement, appropriate nput type, and other instructions here. Mery has a basis in Ne ABC General Partnership interest on January 1, 2019 of $80.000. He materialy participates in the partnership, and therefore the passive activity loss rules do not apply. Mary received akt showing his share of partnership short term capitains of $10,000 his share tax exempt income of $20,000 and his share of ordinary loss of $120,000. How much of the ordinary loss may Merv deduct on his 2019 federal income tax return OA. $90,000 OB. $80,000 OC. $120.000 OD $110.000