If the beginning balance in Swan, Inc.'s OAA is $6,700 and the following transactions occur, what is Swan's ending OAA balance?
Depreciation recapture income ................................ $ 21,600
Payroll tax penalty ............................................... (4,200)
Tax-exempt interest income ...................................... 4,012
Nontaxable life insurance proceeds .......................... 100,000
Life insurance premiums paid (nondeductible) ............. (3,007)