Sandhill Co$.$ purchased machinery that cost $$2800000$ on January $4,2022.$ The entire cost was recorded as an expense. The machinery has a $9-$year life and a $$180000$ residual value. The error was discovered on December $20,2024.$ Ignore income tax considerations. Sandhill's income statement for the year ended December $31,2024,$ should show the cumulative effect of this error in the amount of

$$2217778.$

$$0.$

$$2177778.$

$$1948889.$