Bramble Limited purchased an oil tanker depot on July 2, 2023; at a cost of $630,000 and expects to operate the depot for 10 years. After the 10 years. Bramble is legally required to dismantle the depot and remove the underground storage tanks. it is estimated that it will cost $78,750 to do this at the end of the depot's useful life. Bramble follows ASPE. Click hiere to view the factor table. Click here to view the factor table. Prepare any journal entries required for the depotand the asset retirement obligation at December 31, 2023. Bramble uses straight-line depreciation. The estimated residual value of the depot is zero. (Round answers to O decimal places, eg. 5,275, Credit account tities are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries, If no entry is required, select "No Entry" for the occount titles and enter O for the amounts.) Calculate the present value of the asset retirement obligation (that is. its fair value) on the date of acquisition, based on an effective interest rate of 6%. (Round foctor values to 5 decimal places, eg. 1.25124 and final answer to 0 decimal places, eg. 5,275.) Present value of the asset retirement obligation