Corporation (the Company) has historically filed its federal and state income tax returns on the cash method of accounting. For the year ended December 31, 2021, management has decided to change its method of accounting to the accrual method. The Company's trial balance, as of and for the year ended December 31, 2021, is as follows. Trial Balance 12.31.21 Debit Credit 25,000 230,000 1,750,000 Cash Accounts receivable Equipment Accumulated depreciation Accounts payable Notes payable bank Common stock Retained earnings (deficit) Sales Expenses 1,750,000 45,000 20,000 5.000 1.315,000 4,250,000 2.750,000 Totals 6,070,000 6,070,000 3. Indicate the amount of the adjustment (if any) that needs to be included in the Company's tax returns for the years 2021; 2022; 2023; 2024; and 2025 4. Indicate by reference to a specific line number on form 1120 the appropriate placement of the adjustment on the Company's 2021 federal form 1120. a Corporation (the Company) has historically filed its federal and state income tax returns on the cash method of accounting. For the year ended December 31, 2021, management has decided to change its method of accounting to the accrual method. The Company's trial balance, as of and for the year ended December 31, 2021, is as follows. Trial Balance 12.31.21 Debit Credit 25,000 230,000 1,750,000 Cash Accounts receivable Equipment Accumulated depreciation Accounts payable Notes payable bank Common stock Retained earnings (deficit) Sales Expenses 1,750,000 45,000 20,000 5.000 1.315,000 4,250,000 2.750,000 Totals 6,070,000 6,070,000 3. Indicate the amount of the adjustment (if any) that needs to be included in the Company's tax returns for the years 2021; 2022; 2023; 2024; and 2025 4. Indicate by reference to a specific line number on form 1120 the appropriate placement of the adjustment on the Company's 2021 federal form 1120. a