White Corporation,a Closely Held Personal Service Corporation,has $150,000 of Passive

White Corporation,a closely held personal service corporation,has $150,000 of passive losses,$120,000 of active business income,and $30,000 of portfolio income.How much of the passive loss can White Corporation deduct?

A) $0
B) $30,000
C) $120,000
D) $150,000
E) None of the above