On January $1,2022,$ Cullumber Corporation

acquired machinery for $$1610000.$

Cullumber adopted the straight$-$line method

of depreciation for this machine and had

been recording depreciation over an

estimated life of ten years, with no residual

value. At the beginning of $2025,$ a decision

was made to change to the double$-$declining

balance method of depreciation for this

machine.

Assuming a $20\%$ tax rate, the cumulative

effect of this accounting change on beginning

retained earnings, is

$$242144.$

$$0.$

$$180320.$

$$302680.$