Biotech Company has always used the FIFO inventory costing method for both financial reporting and tax purposes. On January 1, 2015, Biotech Company decided to change to the average cost method. Net income in 2015 was $83 million. If the company had used average cost in 2014, its cost of goods sold would have been higher by $8 million that year. Biotech Company's records of inventory purchases and sales are not available for 2013 and several previous years. Last year, Biotech Company reported the following net income amounts in its comparative income statements: ($ in millions) 2014 2013 2012 Net income $81 $84 $85 All dollars should be in millions. a) Prepare the journal entry on January 1, 2015 to record the change in policy. (Ignore income taxes.) Enter an appropriate description, and enter the date in the format dd/mmm (ie. 15/Jan). Please make sure your final answer(s) are accurate to 2 decimal places. General Journal Page G9 Date Account/Explanation PR Debit Credit b) What amounts will Biotech Company report for net income in its 2015 - 2013 comparative income statements? Please make sure your final answer(s) are accurate to the nearest whole number. ($ in millions) 2015 2014 2013 Net income