please solve

inventory methods using a periodic system. (Ignore tax considerations.) Assume that in 2026 Marigold decided to dhange from the FllFo method to the sverage-cost method of pricing inventories. Prepare the journal entry necessary for the change that tod place during 2026 (Credit cccount tittes are automaticoly indented when the omount is enterct. Do not indent manualing if no enty Is required, select "No Entry" for the account tites ond enter of for the amounts. List debit eniry before credit entry! Account Titles and Explanation Debit Credit Retalind Earnings Assume that in 2026 Marigold decided to change from the FIFO method to the average-cost method of pricing inventories. Show net income reported for 2023, 2024, 2025, and 2026 . Attempts: 1 of 1 used (b1) Your answer has been saved. See score details after the due date. Assume that in 2026 Marigold, which had been using the LIFO method since incorporation in 2023 , changed to the FIFO method of pricing inventorles. Prepare the journal entrv necessany to record the change in 2026. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount tittes and enter o for the amounts. List debit entry before credit entry)