26. An S corporation's AAA balance at the beginning of the year is $10,000. During the year, the corporation reports ordinary income of $3,000, tax-exempt income of $1,200, and $350 of charitable contributions. The Scorporation also distributes $6,000 cash to its shareholders. At the end of the year, the corporation's balance in its AAA is: $4,000. b. $6,650. $7,850. d. $7,000. $8,200. a. C. e