Zehms Company began operations in 2013 and adopted weighted-average pricing for inventory. In 2015, in accordance with other companies in its industry, Zehms changed its inventory pricing to FIFO. The pretax income data is reported below. Year Weighted-Average 2013 2014 2015 $370,000 390,000 410,000 FIFO $395,000 420,000 460,000 What is Zehms's net income in 2015? Assume a 35% tax rate in all years. Net Income 2015 Compute the cumulative effect of the change in accounting principle from weighted-average to FIFO inventory pricing. Cumulative effect of change in accounting principle $ Show comparative income statements for Zehms Company, beginning with income before income tax, as presented on the 2015 income statement. 2015 2014 2013