Cullumber Company has recorded bad debt expense in the past at a rate of1.5% of accounts receivable, based on an aging analysis. In 2017, Cullumber decides to increase its estimate to2%. If the new rate had been used in prior years, cumulative bad debt expense would have been $393,000instead of $293,900. In 2017, bad debt expense will be $124,600instead of $91,040. If Cullumber's tax rate is29%, 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?