Jerry, a partner with $30$ percent capital and profits interest, received his Schedule K$-1$ from Plush Pillows, LP$.$ At the beginning of the year, Jerry's tax basis in his partnership interest was $$55,000.$ His current$-$year Schedule K$-1$ reported an ordinary loss of $$20,000,$ long$-$term capital gain of $$3,500,$ qualified dividends of $$2,500,$ $$1,000$ of non$-$deductible expenses, a $$15,000$ cash contribution, and a reduction of $$4,500$ in his share of partnership debt. What is Jerry's adjusted basis in his partnership interest at the end of the year?