Duning 20xt, Ludwig Company changed its accounting principal with respent to recognizing warrarity expense. At Jaruary 1 , 20xt, the urrecorded liabiluty for warranties was $2.9 milion. Lucwig's tax rate is 30%. As a result of this change, the frm would: Muitipin Chater Repoit a prior penod astustrent decrasing retained esmings ty $2.030.000 Froort a prof period adfatment deorealing retained esinings by 5870,000 . firport a cutrera perise chape decheasing net income ty 52,030,000. Arpost a curters sienod tharge decreasing net income ter saro.000