Sunland Company purchased a machine on January 1, 2019, for $864000. At the date of acquisition, the machine had an estimated useful life of 6 years with no salvage. The machine is being depreciated on a straight-line basis. On January 1, 2022, Sunland determined, as a result of additional information, that the machine had an estimated useful life of 8 years from the date of acquisition with no salvage. An accounting change was made in 2022 to reflect this additional information. Assume that the direct effects of this change are limited to the effect on depreciation and the related tax provision, and that the income tax rate was 40% in 2019, 2020, 2021, and 2022. What should be reported in Sunland's income statement for the year ended December 31, 2022, as the cumulative effect on prior years of changing the estimated useful life of the machine?

$432000

$0

$57600

$86400