If The Beginning Balance In Swan Incs Oaa Is 6700

If the beginning balance in Swan, Inc.’s OAA is $6,700 and the following transactions occur, what is Swan’s ending OAA balance?
Depreciation recapture income ………………………….. $ 21,600
Payroll tax penalty ……………………………………….. (4,200)
Tax-exempt interest income ……………………………….. 4,012
Nontaxable life insurance proceeds …………………….. 100,000
Life insurance premiums paid (nondeductible) …………. (3,007)

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