Due to an error in computing depreciation expense, Crote Corporation understated accumulated depreciation by $$44$ million as of December $31,2024.$ Crote has a tax rate of $20\%.$ Crote's retained earnings as $0$ December $31,2024,$ would be:

Note: Round million answer to $2$ decimal places.

Multiple Choice

$$ overstated by $$3520$ million.

$$ understated by $$35\mathrm{.}20$ million.

$$ understated by $$44\mathrm{.}00$ million.

overstated by $$44\mathrm{.}00$ million.