If the beginning balance in Strauder, Inc.’s OAA is $5,700 and the following transactions occur, what is Strauder’s ending OAA balance?
Depreciation recapture income Don't use plagiarized sources. Get Your Custom Essay on if the beginning balance in strauder inc rsquo s oaa is 5 700 and the following tran 699249 Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT! | $22,700 |
Payroll tax penalty | (4,200) |
Tax exempt interest income | 4,995 |
Nontaxable life insurance proceeds | 50,000 |
Life insurance premiums paid |
|
(nondeductible) | (3,333) |
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