Coleman Inc. purchased a patent on January $1,2023$ for $$400,000.$ Coleman did not record amortization expense on the patent for $2023$ and $2024.$ At the purchase date, the expected useful life of the patent was $10$ years. Ignoring income tax considerations, what is the correcting entry made on December $31,2025?$

A$)$ Retained Earnings $120,000$

Patent

$120,000$

B$)$ Amortization Expense

$40,000$

Retained Earnings

$80,000$

Patent

$120,000$

C$)$ Amortization Expense

$40,000$

Retained Earnings

$80,000$

Accumulated Depreciation

$120,000$

D$)$ Amortization Expense

$120,000$

Patent

$120,000$