Using Excel to Account for an Accounting Change Student Work Area PROBLEM Required: Provide input into cells shaded in yellow in this template. Input the required Huans Inc, which uses a periodic system, changed from the weighted mathematical formulas or functions with cell references to the Problem area or work area average cost formula to the FIFO cost formula in 2023. The company's as indicated. financial statements are expected to be reliable and more relevant as a 8. result of the change. The increase in the prior year's income before tax as a result of this change and the tax rate follow: Prepare Huang's 2023 journal entry to record the change in accounting policy. Increase in prior year's income before tax Income taxrate \$ 175,000