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Larry recently invested $24,844 (tax basis) in purchasing a limited partnership interest in which he will have no management rights in the company. His at-risk

Larry recently invested $24,844 (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 $24,844. In addition, Larrys share of the limited partnership loss for the year is $4,997, his share of income from a different limited partnership was $5,384, and he has $7,904 of dividend income from the stock he owns. What is the amount of adjusted gross income these transactions will generate?

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