Hayden Company purchased a machine on January $1,2021,$ at a cost of $$90,000.$ It is expected to have an estimated salvage value of $$5,000$ at thehe end of th its $5-$year life. The company capitalized the machine and depreciated it in $2021$ using the double$-$declining$-$balancede method of depreciation. The company has a policy of using the straight$-$line method to depreciate machine but the company accountant neglected to follow company policy when he used the double$-$declining$-$balance method. Net income for the year ended December $31,2021$ was $$55,000$ as the result of depreciating the machine incorrectly. Using the method of depreciation that the company normally follows, prepare the correcting entry. Determinethe corrected net income $.$