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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