What is amit ending aaa balance


Beginning in 2010, the AAA of Amit, Inc., an S corporation, has a balance of $725,000. During the year, the following items occur:

Operating income $472,000
Interest income $6,500
Dividend income $14,050
Municipal bond interest income $6,000
Long-term capital loss from sale of investment land $7,400
Charitable contributions $19,000
Cash distributions to shareholders $57,000

What is Amit's ending AAA balance?

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