Arneldo Kearlbaum has a 25 percent interest in a partnership and he materially participates in the partnership's business. Arneldo's adjusted basis in the partnership was $29,000 at the beginning of 2018. During 2018, the partnership borrowed $60,000 to purchase equipment. All of the partners are personally liable for all partnership debts. The partnership sustained a $242,000 loss in 2018. What amount can Arneldo claim as a loss from the partnership on his 2018 individual return?