Towne, Inc

Towne, Inc., a calendar year S corporation, holds AAA of $627,050 at the beginning of 2014. During the year, the following items occur.
$\begin{array}{lr}\text { Sales income } & \$ 216,000 \\\text { Loss from real estate operations } & (4,000) \\\text { Officers' life insurance proceeds } & 100,000\\\text { Premiums paid for officers' life insurance } & (3,600) \\\text { Dividend income } & 17,000 \\\text { Interest income } & 3,000\\\text {Charitable contributions}&(22,000 )\\\text {§ 179 depreciation expense}&(2,500)\\\text {Administrative expenses}&(35,000)\\\text {Cash distributions to shareholders}&73,220 \\\text {Calculate Towne's ending AAA balance.}\end{array}$