For 2016, Essence Company, a calendar year taxpayer, will change from using the cash method for tax purposes to the accrual method. At the end of 2015, Essence had the following items:
Accounts receivable ..............$200,000
Accounts payable ..................135,000
Bank loan........................... 100,000
What is the § 481(a) adjustment for this change in accounting method? Be sure to state whether it is positive or negative.