Over the past $4$ years, Matador has estimated warranty expense based on $3\mathrm{.}5\%$ of sales. On May $1,2022,$ after reviewing its most recent year end number for actual warranties paid, it decided to change this estimate to $4\mathrm{.}75\%.$ If Matador had used the $4\mathrm{.}75\%$ in the past, warranty expenses would be $$150,000$ higher in prior years. During fiscal $2022,$ Matador had earned sales revenues of $$2,750,000$ of which $20\%$ were cash sales and $80\%$ were credit sales. The bookkeeper calculated warranty expenses for $2022$ using the $3\mathrm{.}5\%.$ Round answer to nearest whole dollar. Determine the adjustment to ICO. Matador has a corporate tax rate of $30\%.$