Pear co.'s income statement for the year ended december 31, 1992, as prepared by pear's controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000dividends received from cinn 8,000adjustments to profits of prior years for arithmetical errors in depreciation (35,000)pear owns 40% of cinn's common stock. pear's december 31, 1992, income statement should report income before taxes of: