In January 2018, Sheridan Company estimated that its year-end bonus to executives would be $954,000 for 2018. The actual amount paid for the year-end bonus for 2017 was $874,000. The estimate for 2018 is subject to year-end adjustment. What amount, if any, of expense should be reflected in Sheridan's quarterly income statement for the three months ended March 31 2018? $954,000 $ 0 $238,500 $218,500 $586,250