#4 (1 pt.) Describe the difference between 1) changes in accounting principles, 2) changes in accounting estimates, and 3) accounting errors in respect to how they are presented on the current income statement (and prior income statements).

#4 (1 pt.) Describe the difference between 1) changes in accounting principles, 2) changes in accounting estimates, and 3) accounting errors in respect to how they are presented on the current income statement (and prior income statements)