I would like the solution to only one part of this assignment. I have completed the rest of the assignment myself. I need the item that is highlighted in orange ONLY. Please provide in proper form.

Complete the following exercise. Submit journal entries in an Excel file and written segments in an MS Word document. Label each question clearly. For written answers, please make sure your responses are well-written, formatted per APA Style, and have proper citation(s), if needed. Garner Company began operations on January 1, 2010, and uses the average cost method of pricing inventory. Management is contemplating a change in inventory methods for 2013. The following information is available for the years 2010-2012. Net Income Computed Using Average Cost FIFO LIFO Method Method Method 2010 $15,000 $20,000 $12,000 2011 18,000 24,000 14,000 2012 20,000 27,000 17,000 On January 1, 2012, Garner issued 10-year, $200,000 face value, 6% bonds, at par. Each $1,000 bond is convertible into 30 shares of Garner common stock. The company has had 10,000 common shares outstanding throughout its life. None of the bonds have been exercised as of the end of 2013. (Ignore tax effects.) Click here to download the Excel workbook containing the spreadsheet you will need for this exercise. 1. Using the spreadsheet Journal Entries, prepare the journal entry necessary to record a change from the average cost method to the FIFO method in 2013. 2. Assume Garner Company used the LIFO method instead of the average cost method during the years 2010-2012. In 2013, Garner changed to the FIFO method. Using the spreadsheet Journal Entries, prepare the journal entry necessary to record the change in accounting principle. 3. Assuming Garner had the accounting change described in (2), Garner's income in 2013 was $30,000. Compute basic and diluted earnings per share for Garner Company for 2013. Show how income and EPS will be reported for 2013 and 2012