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

If an S corporation's beginning balance in OAA is zero, and the following transactions occur, what is the ending OAA balance? $\begin{array}{lr}\text { Depreciation recapture income } & \$ 21,000 \\\text { Payroll tax penalty } & 4,200 \\\text { Tax-exempt interest income } & 5,300 \\\text { Nontaxable life insurance proceeds } & 5,100 \\\text { Life insurance premiums pad (nondeductible) } & 2,800\end{array}$ ?

A) $1,300
B) $7,600
C) $23,300
D) $27,500
E) None of the above