In year $2,$ Sammi Corp. changes its inventory method from FIFO to the weighted$-$average method. Under the weighted$-$average method, the year $2$ beginning inventory is $$3,000$ higher than the FIFO method. The financial statements are revised using the retrospective approach. What are the financial statement effects of the change in accounting principle? $($Select all that apply.$)$

Year $1$ ending inventory will decrease.

Year $1$ n$$t income will increase.

Year $1$ retained earnings will increase.