On July $1,2022,$ Sheridan Corp. leased heavy equipment to Skysong Inc. for one year, at $$63200$ a month. Skysong returned the equipment on June $30,2023,$ and the next day, Sheridan Corp. leased this equipment to Sheffield Ltd$.$ for three years, at $$79600$ a month. The original cost of the equipment was $$3202000.$ The equipment, which has been continually on lease since July $1,2020,$ is being depreciated on a straight$-$line basis over ten years with no residual value.

Assuming that both the lease to Skysong and the lease to Sheffield are appropriately recorded as operating leases for accounting purposes, how much net income $($loss$)$ before income taxes that each company would record as a result of the above facts for the year ended December $31,2023?$

Sheridan Skysong Sheffield

$\backslash$table$[[$$$536600,$$$(379200),$$$(477600)$