On January 1, 2025, Blossom Corporation changed to the percentageofcompletion method of income recognition. This change is justied by Blossom Corporation. On December 31, 2024, Blossom's Retained Earnings balance was 331510000. Blossom calculated that, if the percentageofcompletion method had been used, the accumulated impact on net income {before taking into consideration any income tax effects} would have been an additional $210000. If Blossom's income tax rate is 25%, one of the impacts of this accounting change would be 0 an increase to Construction in Progress of $210000 on December 31, 2024. 0 an increase to the Retained Earnings balance on December 31, 2024, of $210000. 0 a decrease to the Retained Earnings balance on December 31, 2024+ of $210000. 0 an increase to Construction in Progress of $1510000 on December 3 1, 2024