In 2019, Theo, a Single Taxpayer, Operates a Sole Proprietorship

In 2019, Theo, a single taxpayer, operates a sole proprietorship in which he materially participates.His proprietorship generates gross income of $320,000 and deductions of $600,000, resulting is a loss of $280,000.The large deductions are due to the acquisition of equipment and the use of immediate expense and additional first-year depreciation to deduct all of the acquisitions.What is Theo's excess business loss for the year?

A) $-0-.
B) $25,000.
C) $250,000.
D) $280,000
E) None of these.