Early in January $2022,$ Oler, Inc., purchased equipment costing $$12,800.$ The equipment had a $2-$year useful life and was depreciated in the amount of $$6,400$ in $2022$ and $2023.$ Oler deducted the entire $$12,800$ on its tax return in $2022.$ This di$$erence was the only one between its tax return and its $$nancial statements. Oler$$s income before depreciation expense and income taxes was $$188,800$ in $2022$ and $$196,000$ in $2023.$ The tax rate in each year was $25\%.$