On December $31,2025,$ before the books were closed, the management and accountants of Tannery Inc. made the following determinations about three depreciable assets:

$1.$ Depreciable asset $\backslash ($ X $\backslash )$ was purchased January $4,2023.$ The asset's original cost was $\backslash (\backslash$$ $114,000\backslash ),$ and this amount was entirely expensed in $2023.$ This particular asset has a $8-$year useful life and no salvage value. The straight$-$line method was chosen for depreciation purposes.

$2.$ Depreciable asset $\backslash ($ Y $\backslash )$ was purchased January $2,2024.$ It originally cost $\backslash (\backslash$$ $540,000\backslash )$ and, for depreciation purposes, the sum$-$of$-$the$-$years' digit method was originally chosen. The asset was originally expected to be useful for $10$ years and have a zero salvage value. In $2025,$ the decision was made to change the depreciation method from sum$-$of$-$the$-$years' digits to straightline, and the estimates relating to useful life and salvage value remained unchanged.

$3.$ Depreciable asset $\backslash ($ Z $\backslash )$ was purchased January $3,2021.$ It originally cost $\backslash (\backslash$$ $160,000\backslash )$ and, for depreciation purposes, the straightline method was chosen. The asset was originally expected to be useful for $8$ years and have a zero salvage value. In $2025,$ the decision was made to extend the total life of this asset to $10$ years and to estimate the salvage value at $\backslash$$$5,000.$

Additional data:

$1.$ Income in $2025$ before depreciation expense amounted to $\backslash (\backslash$$ $316,000\backslash ).$

$2.$ Depreciation expense on assets other than $\backslash ($ X$,$ Y $\backslash ),$ and $\backslash ($ Z $\backslash )$ totaled $\backslash$$$41,000$ in $2025.$

$3.$ Income in $2024$ was reported at $\backslash (\backslash$$ $298,000\backslash ).$

$4.$ Ignore all income tax effects.

$5.100,000$ shares of common stock were outstanding in $2024$ and $2025.$