The Cecil-Booker Vending Company changed its method of valuing inventory from the average cost method to the FIFO cost method at the beginning of 2013. At December 31, 2012, inventories were $112,000 (average cost basis) and were $116,000 a year earlier. Cecil-BookerAc€?cs accountants determined that the inventories would have totaled $139,000 at December 31, 2012, and $144,000 at December 31, 2011, if determined on a FIFO basis. A tax rate of 40% is in effect for all years. One hundred thousand common shares were outstanding each year. Income from continuing operations was $320,000 in 2012 and $445,000 in 2013. There were no extraordinary items either year. Required: 1. Prepare the journal entry to record the change in accounting principle. 2. Prepare the 2013Ac€?o2012 comparative income statements beginning with income from continuing operations. Include per share amounts