Crane Inc. began operations on January 1, 2023, and uses the FIFO method of pricing inventory. Management is contemplating a change in inventory methods for 2026 . The following information is available for the years 2023-2025: Assume Crane Inc. used the average cost method instead of the FIFO method during the years 2023-2025. In 2026, Crane changed to the LIFO method. Prepare the journal entry necessary to record the change in principle. (Ignore tax considerations.) (Credit account titles are automatically indented when the 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. List debit entry before credit entry.) Crane Inc. began operations on January 1, 2023, and uses the FIFO method of pricing inventory. Management is contemplating a change in inventory methods for 2026 . The following information is available for the years 2023-2025: Assume Crane Inc. used the average cost method instead of the FIFO method during the years 2023-2025. In 2026, Crane changed to the LIFO method. Prepare the journal entry necessary to record the change in principle. (Ignore tax considerations.) (Credit account titles are automatically indented when the 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. List debit entry before credit entry.)