Towne, Inc., a calendar year S corporation, holds AAA of $637,050 at the beginning of the tax year. During the year, the following items occur.

Sales income $216,000

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 (75,220)

Calculate Townes ending AAA balance.