In 2025, Sheridan Company discovered an error while preparing its financial statements. A building constructed at the beginning of 2024 costing $1269900 has not been depreciated. The estimated useful life of the building is 30 years with no salvage value. Straightline depreciation is used. Sheridan also used straight-line depreciation for tax purposes and properly included depreciation on its tax return. Income tax payable was also reported correctly at a tax rate of 20%. Income before tax and depreciation expenses in 2025 was $370000. What would be the 2025 net income if depreciation had been recorded properly? $262136 $336136 $370000 $327670