Boon Manufacturing Berhad has made several accounting changes to improve the matching of expense with revenue. The accounting period for the company ends on 31 December. The accounting.cecords for the year 2019 have not been adjusted or closed. Among the changes are the following: Boon Manufacturing Berhad purchased an equipment on 1 January 2016 at a market price of RM44.000.000. The finance manager estimated that the equipment would have 10- year life and no residual value. On 31 December 2019 the finance manager found that the entry for depreciation expense had not been recorded for 2017. In addition, the management has decided that the company will be switching to straight-line depreciation in providing for depreciation for equipment starting from 2019. Company had used the sum-of-the- years' digits method to provide for depreciation for all equipment acquired. b) When Boon Manufacturing Berhad began operations on 1 January 2016, the company uses the average-cost method to price inventory. The management.bas decided to change the inventory valuation method to FIFO for 2019. The following information is available for the years of 201-2018 Net Income Computed Using 2016 2017 Average-cost method RM16,000 RM18,000 RM20,000 FIFO method RM19,000 RM21,000 RM25.000 2018 Prepare the appropriate journal entries to record the change and the required adjustment entries at the end of 2019 for each of the above scenarios. Show all computations and disregard income tax considerations. If no journal entry is required in a particular scenerio, provide your explanation