One multiple choice question

A company changes from completed-contract method to percentage-of- completion method while continuing to use completed-contract method for tax purposes. The entry to record this change should include a Select one: a. credit to Construction in Process b. debit to Retained Earnings in the amount of the difference on prior years, net of tax. c. credit to Deferred Tax Liability. d. debit to Loss on Long-term Contracts in the amount of the difference on prior years, net of tax