The following information applies to the questions displayed below.) Shown below are net income amounts as they would be determined by Weihrich Steel Company by each of three different inventory costing methods ($ in thousands). LIFO $2,380 Pre-2020 2020 FIFO $2,900 800 $3,700 Average Cost $2,640 550 $3,190 565 $2,945 2. Assume that Weihrich used FIFO before 2021, and then in 2021 decided to switch to LIFO. Assume accounting records are inadequate to determine LIFO information prior to 2021. Therefore, the 2020 ($565) and pre-2020 ($2,380) data are not available. Prepare the journal entry to record the change in accounting principle. (Ignore income tax effects.) (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in thousands.) View transaction list Journal entry worksheet Record the change in accounting principle