The Camellion Corporation used the weighted average inventory costing method. At the beginning of 2022, Camellion decided to change to the FIFO method. Camellion has paid dividends of $37 million each year beginning in 2015. Retained earnings on January 1, 2020, were $550 million and inventory was $400 million. . . Income components for 2022 and prior years are as follows: $ (in million) 2022 2021 2020 Previous years $1,500 $400 $320 Cost of goods sold (Weighted Average) Cost of goods sold (FIFO) Difference Revenues Operating expenses 2 330 70 5800 $225 295 5 $810 S215 $300 270 3.0 740 $190 1.200 200 $3275 $900 Required: 1. Prepare the journal entry at the beginning of 2020 2021 and at the end of 2022 to record the change in policy. 2. Prepare the 2021-2022 comparative statements of profit or loss