E22.10 (LO 1, 2, 3) (Accounting for Accounting Changes and Errors) Listed below are various types of accounting changes and errors. ______ 1. Change in a plant assets salvage value. ______ 2. Change due to overstatement of inventory. ______ 3. Change from sum-of-the-years-digits to straight-line method of depreciation. ______ 4. Change from presenting unconsolidated to consolidated fi nancial statements. ______ 5. Change from LIFO to FIFO inventory method. ______ 6. Change in the rate used to compute warranty costs. ______ 7. Change from an unacceptable accounting principle to an acceptable accounting principle. ______ 8. Change in a patents amortization period. ______ 9. Change from completed-contract to percentage-of-completion method on construction contracts. ______ 10. Change from FIFO to average-cost inventory method. Instructions For each change or error, indicate how it would be accounted for using the following code letters: a. Accounted for prospectively. b. Accounted for retrospectively. c. Neither of the above.