Pearl Company is in the process of preparing its financial statements for $2025.$ Assume that no entries for depreciation has been recorded in $2025.$ The following information related to depreciation of fixed assets is provided for you. $1.$ Pearl purchased equipment on January $2,2022$ for $$81,800.$ At that time, the equipment had an estimated useful life of $10$ years with a $$4800$ salvage value. The equipment is depreciated on a straight$-$line basis. On January $2,2025,$ as a result of additional information, the company determined that the equipment has a remaining useful life of $4$ years with a $$2700$ salvage value. show comparative net income for $2024$ and $2025.$ Income before depreciation expense was $$270,000$ in $2025,$ and was $$280,000$ in $2024.($Ignore taxes$)$