The before$-$tax income for Orange Inc. was $$627,200$ for $2025$ and $$545,700$ for $2026.$ However, the accountant noted that the following errors had been made:

The bookkeeper in recording interest income for both years on an investment in $4\%$ bonds with a par value of $$102,700$ made the following entry for each year:

The bonds were purchased at a discount of $$7,800$ on January $1,2025,$ to yield an effective interest rate of $5\%.($Assume that the effective$-$yield method should be used.$)$

Sales for $2026$ included amounts of $$55,600$ which were delivered in $2025$ and paid for in $2026.$ Title passed to the purchaser upon delivery. The company applies a rate of $5\%$ to the balance in the building account at the end of the year in its determination of depreciation charges.

The inventory on December $31,2025,$ was overstated by $$16,200.25,000.)$

$\backslash$table$[[,,2025,2026],[$Income before tax,,$$,$$