January $2,2021,$ Crane Corp. purchased machinery for $$275760.$ The entire cost was incorrectly recorded as an expense. The machinery has a nine$-$year life and a $$23760$ residual value. Crane uses straight$-$line depreciation for all its plant assets. The error was not discovered until May $1,2023,$ and the appropriate corrections were made. Ignore income tax considerations.

Crane's income statement for the year ended December $31,2023$ would show the cumulative effect of this error in the amount of

$$ $$238800.$

$$0.$

$$ $$182800.$

$$ $$219760.$