1. Amit, Inc., an S corporation, has a AAA balance of $614,000 at the beginning of the fiscal year. During the year, the following elements occur. 
2. 
   
3. Operating income $501,000 
4. Interest income 6,500
5. Dividend income 13,020
6. Municipal bond interest income 6,000 
7. Long-term capital loss from sale of investment land 7,400
8. Section 179 depreciation deduction 6,000 
9. Charitable contributions 19,000 
10. Cash distributions 57,000 
11. 
    
12. Compute  Amit's  ending AAA.
13.