The before-tax income for Sage Co. for 2025 was $103,000 and $76,700 for 2026. However, the accountant noted that the following errors had been made: 1. Sales for 2025 included amounts of $37,400 which had been received in cash during 2025 , but for which the related products were delivered in 2026 . Title did not pass to the purchaser until 2026. 2. The inventory on December 31, 2025, was understated by $8,000 3. The bookkeeper in recording interest expense for both 2025 and 2026 on bonds payable made the following entry on an annual basis. Interest Expense 15,000 Cash 15,000 The bonds have a face value of $250,000 and pay a stated interest rate of 6%. They were issued at a discount of $15,000 on January 1, 2025, to yield an effective-interest rate of 7%. (Assume that the effective-interest method should be used.) 4. Ordinary repairs to equipment had been erroneously charged to the Equipment account during 2025 and 2026. Repairs in the amount of $9,100 in 2025 and $9,000 in 2026 were so charged. The company applies a rate of 107 to the balance in the Equipment account at the end of the year in its determination of depreciation charges. Prepare a schedule showing the determination of corrected income before taxes for 2025 and 2026. (Enter negative amounts using either a negative sign preceding the number eg. -15,000 or parentheses eg. (15,000). Round answers to 0 decimal places, e.s. 125.)