Prepare the journal entry necessary to record a change from the average-cost method to the FIFO method 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 account titles and enter 0 for the amounts. List debit entry before credit entry.) Determine net income to be reported for 2023,2024, and 2025, after giving effect to the change in accounting principle. eTextbook and Media. Last saved 1 second ago. Attempts: 0 of 1 used Saved work will be auto-submitted on the due date. Auto- Current Attempt in Progress Pearl Company began operations on January 1.2023, and uses the average-cost method of pricing inventory. Management is contemplating a change in inventory methods for 2026. The following information is available for the years 2023-2025