Metlock Company signed a long$-$term noncancelable purchase commitment with a major supplier to purchase raw materials in $2026$ a cost of $$902,900$At December $31,2025,$ the raw materials to be purchased have a market value of $$853,000.$ Prepare any necessary December $31,2025$ entryList all debit entries before credit entries Credit account titles are automatically indented when amount is entered Do not indent manually If no entry is required $,$ select No entry" for the account titles and enter O for the amounts $)$