Metlock NV has recorded bad debt expense in the past at a rate of 1.50% of accounts receivables. In 2022, Metlock decides to increase its estimate to 2%. If the new rate had been used in prior years, cumulative bad debt expense would have been 372,400 instead of 279,300. In 2022, bad debt expense will be 176.400 instead of 88,200. If Metlock's tax rate is 30%, what amount should it report as the cumulative effect of changing the estimated bad debt rate? The cumulative effect of changing the estimated bad debt rate