8. Kramer Inc. began operations in 2018. On January 1, 2022, Kramer decided to change from the LIFO inventory costing method to FIFO. The cost of goods sold (COGS) values under each costing method for 2020 and prior years are as follows: LIFO FIFO 2022 420,000 210.000 2021 400,000 200.000 2020 360.000 180.000 Ignoring income taxes, the joumal entry Kramer would make on January 1, 2022. to record the change in accounting principle would include: