Prepare a separate retained earnings statement for $2025.($List items that increase adjusted retained earnings first.$)$

METLOCK CORP.

Retained Earnings Statement

For the Year Ended December $31,2025$

Retained Earnings, January $1,$ as Reported

Correction for Overstatement of Net Income in Prior Period

Retained Earnings, January $1,$ as Adjusted

$

Net Income $/($Loss$)$

Correction for Overstatement of Net Income in Prior Period

Retained Earnings, December $31$