Couple of ways to do this:
Do a drain and refill - put Toyota Pink in there, repeat several times over a shorted period of time (depends on how far you drive, how often) - eventually, you'll dilute what was in there and have mostly Toyota Pink coolant and additives in there.
Do a full flush with distilled water, add Toyota Pink or Red. If using Red, figure out the total cooling system capacity - divide it by 2, that is how much Toyota Red to add. The rest will be distilled water. If using Pink, again figure out the total capacity, drain as much of the distilled water that is in there, add Pink, note the concentration. Do a series of drain and refills after the system has been run for some time, refill with Pink - eventually, you'll get the concentration to a point that is "good enough".
Also, if you use Red, you can do a drain and refill later - just use Red + distilled water, no need to flush.
With Pink, once you get the concentration up - you can just drain and refill with Pink, no need to flush.
You can also do a flush with Toyota Pink - similar to flushing with distilled water, but you don't have to worry about concentration at the end, as it will be pretty much set. Might cost more.
You can leave the Turbo Power Extended coolant in there and stock up on that coolant. Don't have to worry about a flush, just drain and refill. Just keep an eye on the water pump and replace it when a seal goes bad on it.
Pink and Red are technically not 100% compatible, as there is slightly different chemistry involved - but it doesn't stop the dealerships from adding Pink to Red coolant (Pink is backwards compatible, Red is technically cannot be used forward - but owners still use it). From what I gather from my dealer - eventually they will phase out Toyota Red and only stock Pink premixed coolant. How soon is anyone's guess. That point - someone will eventually figure out how to do it more efficiently with Pink coolant.