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83. Bishop Co. began operations on January 1, 2023. Financial statements for 2023 and 2024 contained the following errors: In addition,onDecember 31,2024 ,fully depreciated equipment

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83. Bishop Co. began operations on January 1, 2023. Financial statements for 2023 and 2024 contained the following errors: In addition,onDecember 31,2024 ,fully depreciated equipment was sold for $43,200, but the sale was not recorded until 2025 . No corrections have been made for any of the errors. Ignore income tax considerations. The total effect of the errors on Bishop's 2024 net income is

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