During 2022 (its first year of operations) and 2023. Fleri Foods used the FFF inventory costing method for both financial reporting and tax purposes. At the beginning of 2024 . Fieri decided to change to the average method for both financial reporting and tax purposes. Income components before income tax for 2022, 2023, and 2024 were as follows: Dividends of $36 million were paid each year. Fieris fiscal yoar ends December 31 Required: 1. Prepare the journal entry at the beginning of 2024 to record the change in accounting principle. (ignore income taxes) 2. Prepare the 2024-2023 comparative income statements. 3. \& 4. Determine the balance in retained eamings at January 1, 2023, as Fierl reported using FifO method and determine the adjustment of balance in retained earnings as on January 1,2023 using average method instead of FIFO method Prepare the joumal entry at the beginning of 2024 to record the change in accounting principle. (Ignore income taxes.) Note: If no entry is required for a transaction/event, select "No jourmal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10) Journal entry worksheet Record the change in accounting principle. Note: rnter debits before credits. Complete this question by entering your answers in the tabs below. Determine the balance in retained earnings at January 1,2023 , as Fieri reported using Flfo method and determine the adjustment of balance in retained earnings as on January 1,2023 using average method instead of fifo method. Note: Enter your answers in millions (i.e, 10,000,000 should be entered as 10 ). Complete this question by entering your answers in the tabs below. Prepare the 2024-2023 comparative income statements. Notes Enter your answers in millions (i.e., 10,000,000 should be entered as 10 )