Orlando Company has used the average cost method for inventory valuation since it began business in 2012,but has elected to change to the FIFO method starting in 2015.Year-end inventory valuations under each method are shown below: 
Required:
How would Orlando reflect the change in accounting principle in its financial statements (ignore income taxes)?
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Political Nature
Attributes or actions related to the governance, strategy, and power dynamics within organizations or societies.
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Common understanding or beliefs held by a group about certain aspects of their environment or tasks.
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The ability to sway or modify the behavior, opinions, or decisions of others through various means.
Aspect Control
The ability to manage or influence specific facets or variables within a particular domain or situation.
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