ABC Company purchased 10,000 shares representing 25% ownership of DefCo on 6/30/Y1. This is ABCs only investment. ABC Company was deemed to have significant influence over DefCo. However, ABCs accountants recorded the purchase of the security and all subsequent entries as if ABC did not have significant influence over DefCo. Consider the following data related to the ABCs investment in DefCo: Purchase price of DefCo investment, 6/30/Y1: $2.25/share Dividends declared by DefCo, 10/31/Y1: $0.50/share Market price of DefCo, 12/31/Y1: $2.17/share Net income earned by DefCo, fiscal Y1: $180,000 What was the effect of this error on ABC Companys income statement for Y1, excluding any income tax effect