During 2024, Blue constructed a small manufacturing facility specifically to manufacture one particular accessory. Blue paid the construction contractor $5,310,000 cash (which was the total contract price) and placed the facility into service on Jamuary 1,2025. Because of technological change. Blue anticipates that the manufacturing facility will be useful for no more than 10 years. The local government where the facility is located required that, at the end of the 10-year period, Blue remediate the facility so that it can be. used as a community center. Blue estimates the cost of remediation will be $532,100. Blue uses straight-line depreciation with $0 salvage value for its plant asset and a 12% discount rate for asset retirement obligations. (a) Prepare the journal entries to record the January 1.2025, transactions. Use the Plant Assets account for the tanker depot. (Credit occount itles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts. List all debit entries before credit entries. Round present volue foctor calculations to 5 decimal places es, 1.25124 and final answers to 0 decimal places es. 5,125 .) the account titles and enter 0 for the amounts. List all debit entries before credit entries. Round present value foctor calculations to 5 decimal ploces, es. 1.251 .24 and final answers to 0 decimal places es. 5,125 )