Oriole, Inc. began operations on January 1, 2015, and uses the average cost method of pricing inventory. Management is considering changing inventory methods for 2018. The following information is available for the years 2015-2017. 2015 2016 2017 Net Income Computed Using Average Cost FIFO LIFO $72,000 $76,300 $68,300 104,800 109,000 99,800 117,100 118,400 110,400 Prepare the journal entry necessary to record a change from the average-cost method to the FIFO method in 2018. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Account Titles and Explanation Debit Credit Determine net income to be reported for 2015, 2016, and 2017, after giving effect to the change in accounting principle. Net Income (FIFO) 2015 $ 2016 2017 s Assume Oriole Inc. used the LIFO method instead of the average-cost method during the years 2015-2017. In 2018, Oriole changed to the FIFO method. Prepare the journal entry necessary to record the change in principle. (Credit account tities are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter 0 for the amounts.) Account Titles and Explanation Debit Credit