If the Beginning Balance in OAA Is Zero and the Following

Multiple Choice

If the beginning balance in OAA is zero and the following transactions occur, what is the ending OAA balance? $\begin{array}{lc}\text { Depreciation recapture income } & \$ 21,000 \\\text { Payroll tax penalty } & 4,200 \\\text { Tax-exempt interest } & 5,700 \\\text { Nontaxable life insurance proceeds } & 3,900 \\\text { Insurance premiums paid (nondeductible) } & 2,900\\ \text { Charitable contributions}&17,000\\\end{array}$

A) $1,300.
B) $6,700.
C) $23,300.
D) $27,500.