Sprout Corporation, an accrual method taxpayer, instituted a vacation pay plan for its employees in 1994. Since then, Sprout Corporation has consistently deducted the vacation pay in the year paid because its employees did not have a vested right to the vacation pay. It is now 2024, and Sprout would like to change the vacation pay plan to a vested plan, and its method of accounting to deducting the vacation pay in the year in which the expense accrues. Group of answer choices Form 3115 may not be required since this is an error Form 3115 may not be required because this is a change in character Form 3115 may not be required since this is a change in fact Form 3115 is required