Can you please help me with this question so I can understand later when I get similar questions.

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Indicate the proper accounting treatment for each of the individual situations described below. From the pop-up window in Column B, select the type of accounting change. From the pop-up window in Column C, select the appropriate method of accounting. Situation Type of Change Method of Accounting 1. Dawg Corp. changed its inventory valuation method from FIFO to LIFO to more fairly reflect the cost flow of goods. 2. Duck Company changed from the income tax basis of accounting to the full accrual basis of accounting, as required by its bank in order to obtain financing. 3. Gosling, LLC was acquired by Goose International. Goose presents consolidated financial statements. 4. Build Big, Inc., a construction company, decided to improve shareholder return and stimulate the company's stock price by changing its method of accounting for long-term contracts from the completed contract method to the percentage of completion method. 5. The final judgment on a lawsuit is decided in the current year against Big Trouble, Inc. The amount is significantly greater than previously thought. The company properly accrued $1 million as a liability on their previous financial statement. The final judgment is for $15 million. Select an option below Change in Accounting Estimate Change in Accounting Principle Change in Accounting Entity Correction of an Accounting Error Not an Acceptable Change in Accounting RESET CANCEL ACCEPT Indicate the proper accounting treatment for each of the individual situations described below. From the pop-up window in Column B, select the type of accounting change. From the pop-up window in Column C, select the appropriate method of accounting. Situation Type of Change Method of Accounting 1. Dawg Corp. changed its inventory valuation method from FIFO to LIFO to more fairly reflect the cost flow of goods. 2. Duck Company changed from the income tax basis of accounting to the full accrual basis of accounting, as required by its bank in order to obtain financing. 3. Gosling, LLC was acquired by Goose International. Goose presents consolidated financial statements. 4. Build Big, Inc., a construction company, decided to improve shareholder return and stimulate the company's stock price by changing its method of accounting for long-term contracts from the completed contract method to the percentage of completion method. 5. The final judgment on a lawsuit is decided in the current year against Big Trouble, Inc. The amount is significantly greater than previously thought. The company properly accrued $1 million as a liability on their previous financial statement. The final judgment is for $15 million. Select an option below Change in Accounting Estimate Change in Accounting Principle Change in Accounting Entity Correction of an Accounting Error Not an Acceptable Change in Accounting RESET CANCEL ACCEPT