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6 Calculate ending balance in OAA account for Zeta Corporation. Beginning balance in OAA account $60,000 150 000 Non Taxable Life Insurance Proceeds 10.000 Non

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6 Calculate ending balance in OAA account for Zeta Corporation. Beginning balance in OAA account $60,000 150 000 Non Taxable Life Insurance Proceeds 10.000 Non Deductible Life Insurance Premium 4,000 Tax Exempt income 500 Interest Expense for a loan to buy Tax Exempt Bonds 1.000.000 Sales 800 000 Cost of Sales 20.000 Depreciation recapture

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