(Answered) Question - if the beginning balance in oaa is 3900 and the

Accounting

Question - 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

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