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he before-tax income for Tamarisk Co, for 2025 was $98,000 and $80,800 for 2026 . However, the accountant noted that the ollowing errors had been made: 1. Sales for 2025 included amounts of $40,700 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 imventory on Decernber 31.2025, was understated by $8.100. 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 16,800 Cash 16,800 The bonds have a face value of $280.000 and pay a stated interest rate of 6%. They were issued at a discount of $16,000 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 58,900 in 2025 and 58,800 in 2026 were so charged. The company applies a rate of 10% 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 taxses for 2025 and 2026. (Enter nceative omounts usins either a nefjative sisn preceding the number es, 15,000 or porentheses es, (15,000) Round answers to 0 decimal ploces, es, 125) Income before Tax Corrections: Corrected Income before Tax

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