Partnership BPE's profits and losses are shared equally among the three partners. The adjusted basis of Partner E's interest in the partnership on January 1, 2020 was $75,000. On January 3, 2020, Partner E withdrew $16,000 in cash. The partnership reported $165,000 as ordinary income on its 2020 partnership return. In addition, $6,000 for qualified meal expenses was shown on E's Schedule K-1 of Form 1065. Due to the 50% limitation, $3,000 of the $6,000 is unallowable as a deduction. What is the amount of E's basis in the partnership on December 31, 2020?