In 2024, CPS Company changed its method of valuing inventory from the FIFO method to the average cost method. At December 31, 2023, CPSs inventories were $41 million (FIFO). CPSs records indicated that the inventories would have totaled $31.0 million at December 31, 2023, if determined on an average cost basis. Required: 1. Prepare the journal entry to record the adjustment. (Ignore income taxes.) Note: Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should