Shysong Construction Company changed from the completed-contract to the percentage-of-completion method of accounting for ionsterm construction contracts durigg 2021 . For tax purposes, the company employs the completed-contract method and will continue this approach in the future (Pint. Adjust all tax consecuences through the Deferred Tax Llability account) The approprtate informution related to this change is as follow: (a) Assuming that the tax rate is 30%, what is the amount of net income that would be reported in 2021 ? Net income (b) What entry is necessary to odjust the accounting records for the change in accounting principle) (Credit account titles are autematically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titfes and enter 0 for the amounts) (a) Assuming that the tax rate is 30%, what is the amount of net income that would be reported in 2021 ? Net incorne s (b) What entry is necessary to adjust the accounting records for the change in accounting principle? (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 tittes and enter ofor the amounts.]