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Please help me answer as well as show work Problems (90 Points-You must show your calculations to receive full credit.) 11. Towne, Inc., a calendar

image text in transcribedPlease help me answer as well as show work
Problems (90 Points-You must show your calculations to receive full credit.) 11. Towne, Inc., a calendar year S corporation, $627,050 at the beginning of the tax year. following items occur holds AAA of During the year, the $216,000 (4,000 100,000 (3,600 s from real estate operations fficers" life insurance paid for officers' life ividend income 7,000 3,000 haritable contributions 179 dministrative e ash distributions to shareholders 300 (35,000 73,220) Calculate Towne's ending AAA balance. 12, Gene Grams is a 45% owner of a calendar year S

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