Macintosh Inc. changed from LIFO to the FIFO Inventory costing method on January 1, 2018. Inventory values at the end of each year since the Inception of the company are as follows: 2016 199,000 $179,500 2017 398,000 359,000 Required: ignoring Income tax considerations, prepare the entry to report this accounting change. of no entry is requlred for a transactlon/event, select "No Journal entry required" In the first account fleld.) View transaction list Journal entry worksheet Record the accounting change. Note: Enter debits before credits. Date General Journal Debit Credit January 01, 2018