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I need help with this accounting question ASAP Larry recently invested $28,500 (tax basis) in purchasing a limited partnership interest in which he will have

I need help with this accounting question ASAP

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Larry recently invested $28,500 (tax basis) in purchasing a limited partnership interest in which he will have no management rights in the company. His at-risk amount is also $28,500. In addition, Larry's share of the limited partnership loss for the year is $2,425, his share of income from a different limited partnership is $1,170, and he has $3,850 of dividend income from the stock he owns. How much of Larry's $2,425 loss from the limited partnership can he deduct in the current year? Deductible loss

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