Larry recently invested $31,500 (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 $31,500. In addition, Larry's share of the limited partnership loss for the year is $2,575, his share of income from a different limited partnership is $1,230, and he has $4,150 of dividend income from the stock he owns. How much of Larry's \$2,575 loss from the limited partnership can he deduct in the current year