Determine the ending oaa balance

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If the beginning balance in OAA is $3,900, and the following transactions occur, what is the ending OAA balance?

Depreciation recapture= $21,000

Payroll tax penalty=$4,200

tax-exempt interest $5,300

nontaxable life insurance proceeds=$50,000

insurance premiums paid (nondeductible)=$2,800

Reference no: EM13126507

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