Current Attempt in Progress Bramble's Drillers erects and places into service an yf-shore oil platform on January 1, 2025, at a cost or $12.030,000. Brambie estimates it will cost $952.000 to dismantie and remove the platform at the end of its useful life in 10 years, which the company is Iegally required to do. (The fair value at January 1,2025 , of the dismantle and remowal costs is $530,000. Prepare the entry to record the asset retirement obligation. (Credit account tities are automatically indented when amount is entered. Do not indent manually if no entry is required, select "No Entry" for the occount titles and enter O for the amounts. List debit entry before credit entry.)