8. Towne, Inc., a calendar year S corporation, holds AAA of $627,050 at the beginning of the tax year. 2018 During the year, the following items occur.

Sales income	$216,000
Loss from real estate operations	(4,000)
Officers life insurance proceeds	100,000
Premiums paid for officers life insurance	(3,600)
Dividend income	17,000
Interest income	3,000
Charitable contributions	(22,000)
179 depreciation expense	(2,500)
Administrative expenses	(35,000)
Cash distributions to shareholders	(73,220)

Calculate Townes ending AAA balance.