During 2018, a construction company that began operations in 2016 changed from the completed-contract method to the percentage-of-completion method for accounting purposes but not for tax purposes. Gross profit figures under both methods for the past three years appear below:

Completed-ContractPercentage-of-Completion

2016

2017 $394000$801000

2018 535000860000

610000960000

$1539000$2621000

Assuming an income tax rate of 30% for all years, the effect of this accounting change on prior periods should be reported by a credit of