(30 points) The CFO of Barrows Japan believes that employee training should be treated as investment because it increases sales not only in the current year but also in two subsequent years (after three years the effect of employee training wears off and has no effect on future sales). The following information is available:

201720162015Income(based on GAAP)300,000250,000200,000Employee training32,43027,35415,786

Calculate2017adjusted income after capitalizing employee training costs.

Enter your answer as a number rounded to two decimal points, e.g., 3.14, 25.70, 100.00, 159840.99. Do not enter any letters, unit symbols (such as %), commas, or other non-numerical characters!