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-Contract				Percentage-of-Completion
2016			$ 394000				$ 801000
2017			535000				860000
2018			610000				960000
			$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