Bramble Company began operations in 2018 and for simplicity reasons, adopted weighted average pricing for inventory. In 2020, in accordance with other companies in its industry, Bramble changed its inventory pricing to FIFO. The pretax income data is reported below. Year Weighted-Average FIFO 2018 $379,700 $401,700 2019 407,400 427,900 2020 413,500 469,200 Assume a 35% tax rate in all years. (b) Your Answer Correct Answer Your answer is incorrect. Compute the cumulative effect of the change in accounting principle from weighted average to FIFO inventory pricing. Net effect $