2 of 5 2023 $27,400 2024 2025 2026 31,300 (a1) 26,900 36,300 (Ignore tax considerations.) $24,700 $20,800 26,700 25,100 32,400 X Your answer is incorrect. 21,400 Account Titles and Explanation 22,000 28,400 0/1 Assume that in 2026 Ivanhoe decided to change from the FIFO method to the average-cost method of pricing inventories. Prepare the journal entry necessary for the change that took place during 2026. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and ex amounts. List debit entry before credit entry.) Debit !!! SUPPORT