10 SECTION 2-Extra Credit Assume that the government passes a law changing the enacted tax rate for YR12 and thereafter from 50% to 35% on Mar. 31, YR11. What journal entry does the firm need to prepare to recognize this change on this date? Copy and paste the account names from the list below. Tax Expense Taxes Payable DTLcurrent DTLongterm DTAcurrent DTAlongterm Account to be debited Account to be credited DR CR Question 11 12 pts 6 pts SECTION 3-Q1 The Drew Company purchases a $100,000 fixed asset on January 1, VR8. The asset has a useful Sfe of 5 years with a $10,000 net salvage value. Drew depreciates this asset on Dec. 31 of each year. For two years, Drew uses the sum of the years' digits method of depreciation, but on January 1, VR10, it changes to the straight-line method of depreciation. No other estimates changed. What would be the total R/E amount to restate as of Jan. 1. YR10