Spartan Corporation redeemed $25$ percent of its shares for $$2,700$ on July $1$ of this year, in a transaction that qualified as an exchange under $302($a$).$ Spartan reported accumulated E&P at the beginning of the year of $$2,700$ and current E&P at year end was $$19,900.$ Spartan made dividend distributions of $$2,400$ on June $1$ and $$6,600$ on August $31.$ Determine the beginning balance in Spartan's accumulated E&P at the beginning of the next year. See Revenue Rule $74-338$ and Revenue Rule $74-339$ for help in making this calculation.