Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the 2018-2017 comparative income statements beginning with income from continuing operations. Include per share amounts. (Round EPS answers to 2 decimal places.) COMPARATIVE INCOME STATEMENTS 2017 2018 Income from continuing operations Income tax expense Net income Earnings per common share Required! Required 2 The Cecil-Booker Vending Company changed its method of valuing inventory from the average cost method to the FIFO cost method at the beginning of 2018. At December 31, 2017, inventories were $130,000 (average cost basis) and were $134,000 a year earlier. Cecil-Booker's accountants determined that the inventories would have totaled $175,000 at December 31, 2017, and $180,000 at : December 31, 2016, if determined on a FIFO basis. A tax rate of 40% is in effect for all years. One hundred thousand common shares were outstanding each year. Income from continuing operations was $500,000 in 2017 and $625,000 in 2018. There were no discontinued operations either year Required: 2. Prepare the 2018-2017 comparative income statements beginning with income from ontinuing operations-Include per share 1. Prepare the journal entry to record the change in accounting principle amounts. Complete this question by entering your answers in the tabs below Required 1Required 2 Prepare the journal entry to record the change in accounting principle. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the change in accounting principle Note: Enter debits before credits. Event General Journal Debit Credit