Crane Company purchased land and a building on January $1,2022.$ Management$$s best estimate of the value of the land was $$82,000$ and of the building $$164,000.$ However, management told the accounting department to record the land at $$180,400$ and the building at $$65,600.$ The building is being depreciated on a straight$-$line basis over $15$ years with no salvage value.

Calculate the annual change in net income