If an S corporation's beginning balance in OAA is zero,and the following transactions occur,what is the ending OAA balance?

Name: If an S corporation's beginning balance in OAA is zero,and the following transactions occur,what is the ending OAA balance?
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Question

Quizplus · Accepted Answer

- $10,000 in income increases OAA to $10,000
- $3,000 in distributions decrease OAA to $7,000
- $500 in expenses decrease OAA to $6,500
- $1,600 in additional income increases OAA to $8,100
- $500 in additional expenses decrease OAA to $7,600

If an S Corporation's Beginning Balance in OAA Is Zero,and