Pam Erickson Construction Compary changed from the cost-recovery to the percentage- of-completion method of accounting for long-term construction contracts during 2026. For tax purposes, the compary employs the cost-recovery method and will continue this approach in the future. (Hint: Adjust all tax consequences through the Deferred Tax Liability account) The appropriate information related to this change is as follows. (3) Assuming that the cax rate is 20% what is the amount of net income that would be reported in 2026 ? List of Accounts (b)