Please help only see examples with an increase. Thank you!!!

On December 31, 2017, Paiva, Inc. appropriately changed its inventory valuation method to weighted-average cost from FIFO cost for financial statement purposes. The change will result in a decrease in the inventory account at January 1, 2017. The amount of the change, net of tax is, $1,480,000 (all tax effects should be ignored). The cumulative effect of this accounting change should be reported by Paiva, Inc, in 2017 in the:

retained earnings statement as a $1,480,000 deduction to the ending balance.

retained earnings statement as a $1,480,000 addition to the beginning balance.

retained earnings statement as a $1,480,000 deduction from the beginning balance.

income statement as a $1,480,000 cumulative effect of accounting change.