Current Attempt in Progress

In $2025,$ Concord Landfill purchased a new landfill site. As part of the purchase, they determine future remediation costs of $$390,000.$ The landfill has an estimated life of $25$ years. Concord's cost of capital is $7\%.$ The present value of a single amount at $7\%$ for $25$ years is $0\mathrm{.}18425.$ The present value of an ordinary annuity at $7\%$ for $25$ years is $11\mathrm{.}65358.$

If the Asset Retirement Obligation is recorded correctly, what amount will be recorded as the liability in $2025?$

The Liability in $2025$

$