Weaver Company Changes from the LIFO Method to the FIFO

Weaver Company changes from the LIFO method to the FIFO method in 2009. The increase in pre-tax income as a result of the difference in the two methods prior to 2007 is $100,000, for the year 2007 is $40,000, and for the year 2008 is $30,000. The estimated tax effect is 40%. The entry to record the change at the beginning of 2008 should include

A) debit to Deferred Tax Liability of $68,000.
B) credit to Deferred Tax Liability of $68,000.
C) debit to Deferred Tax Liability of $56,000.
D) credit to Deferred Tax Liability of $56,000.