Question 24 4 pts Zorro Enterprises began operations in 2017 and has been using a LIFO valuation method for inventory. For a justifiable reason, Zorro has decided to switch to the FIFO method in 2020. The Cost of Goods Sold amounts for 2017-2020 are given below for both the LIFO and FIFO methods. Ignoring taxes, what is the amount of the adjusting entry (as a positive number; don't worry about whether it is a debitor acredit) to Retained Earnings at the beginning of 2020 to reflect this change in accounting principle? Year 2017 2018 2012 2020 CGS (LIFO) $230,000 $255,000 $267.000 $286,000 CGO (FIFO) $217,000 $243,000 $252,000 $278,000