Brief Exercise 22-1 At the beginning of 2017, Pina Construction Company changed from the completed-contract method to recognizing revenue over time (percentage-of-completion) for finandial reporting purposes. The company will continue to use the c purposes. For years prior to 2017, pretax income under the two methods was as follows: percentage-of-completion s 124,800, and completed-contract $84,500. The tax rate is 30%. . The completed- method for tax Prepare Pine's 2017 journal entry to record the change in accounting principle. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) he tax rate is 30% Account Titles and Explanation DebitCredit