Acme, Inc., is preparing its financial statements for Year 10. Acme's income tax rate for all relevant years is 30%, and Acme will issue financial statements for Year 10 only. You are adding correcting entries to the general ledger. To prepare each required journal entry: Click on a cell in the Account Name column and select from the option list the appropriate account. An account may be used once, more than once, or not at all. Enter the corresponding debit or credit amount in the associated column. Round all amounts to the nearest whole number. Not all rows in the table might be needed to complete each journal entry. If no journal entry is needed, check the "No entry required" box at the top of the table as your response. 1. On January 1, Year 10, Acme changed inventory methods from LIFO to FIFO for both financial and income tax reporting purposes. The change resulted in a $500,000 increase in the January 1, Year 10, inventory