At the beginning of 2018, a construction company that began operations in 2016 changed from the completed-contract method to the percentage-of-completion method for accounting purposes but not for tax purposes. Gross profit figures under both methods for the past three years appear below: Completed-Contract Percentage-of-Completion 2016 $ 950,000 $ 1,800,000 2017 1,250,000 1,900,000 2018 1,400,000 2,100,000 Assuming an income tax rate of 30% for all years, the effect of this accounting change on prior periods should be reported by f Journal Entry at the beginning of 2018 4. What amount will be debited to Construction in Process account, to record the change at beginning of 2018? 5. What amount will be credited to Deferred Tax Liability account? 6. What amount will be credited to Retained Earnings account