Silver Inc. changed from FIFO to average cost on January 1 of Year 3. Inventory balances on December 31 under both methods follow for the prior two year-ends. Silver Inc. has a December 31 year-end. Inventory Balances, Dec. 31 Year 2 Year 1 Ending inventory, average cost $25,000 $15,000 Ending inventory, FIFO 15,000 12,000 a. Prepare the entry on January 1 of Year 3 to record the accounting change. Ignore taxes. Note: If a journal entry isn't required on any of the dates shown, select "N/A-debit" and "N/A-credit" as the account names and leave the Dr. and Cr. answers blank (zero)