Larry recently invested $24,000 (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 $24,000. In addition, Larrys share of the limited partnership loss for the year is $3,850, his share of income from a different limited partnership was $2,100, and he had $5,700 of dividend income from the stock he owns. How much of Larry's $3,850 loss from the limited partnership can he deduct in the current year?