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4 2 points Gunk Co. reported an asset retirement obligation on its 2020 financial statements. The company estimates that the cost to retire this asset

4 2 points Gunk Co. reported an asset retirement obligation on its 2020 financial statements. The company estimates that the cost to retire this asset at the end of 2040 will be $4,450. The company's discount rate is 9.0%. What is the amount of accretion expense Gunk will record at the end of 2020 related to the asset retirement obligation? (Round to the nearest whole number.) 401 4 2 points Gunk Co. reported an asset retirement obligation on its 2020 financial statements. The company estimates that the cost to retire this asset at the end of 2040 will be $4,450. The company's discount rate is 9.0%. What is the amount of accretion expense Gunk will record at the end of 2020 related to the asset retirement obligation? (Round to the nearest whole number.) 401

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