During 2018, a construction company changed from the completed-contract method to the percentage-of-completion method for accounting. Gross profit figures under both methods for the past three years appear below:

Completed-Contract Percentage-of-Completion
2016 $ 475,000 $ 900,000
2017 $ 625,000 $ 950,000
2018 $ 700,000 $ 1,050,000
2019 $ 1,800,000 $ 2,900,000

Assuming an income tax rate of 30% for all years, the effect of this accounting change on prior periods should be reported by a credit of .

Betty contracted with scooby’s skate store to deliver a pair of skates to jake for his birthday. scooby’s owner was going on a trip and delegated the delivery of the skates to brian. brian failed to make delivery.can jake sue brian for breach of contract, as he was not a party to the original contract? explain your answer. brian was not a party to the original contract. why would a court hold him responsible for failing to make delivery? if you do not think a court would hold him responsible, explain your answer. can jake sue scooby’s skates for breach of contract? explain your answer.