Concord Company has recorded bad debt expense in the past at a rate of 1.5% of accounts receivable, based on an aging analysis. In 2020, Concord decides to increase its estimate to 2%. If the new rate had been used in prior years, cumulative bad debt expense would have been $436,900 instead of $327,675. In 2020 , bad debt expense will be $107,600 instead of $80,700. If Concord's tax rate is 30%, what amount should it report as the cumulative effect of changing the estimated bad debt rate? (Do not leave any answer field blank. Enter 0 for amounts.) The cumulative effect of changing the estimated bad debt rate $