Brief Exercise 13-12 Vaughn's Drillers erects and places into service an off-shore oil platform on January 1, 2018, at a cost of $9,720,000 Vaughn is legally required to dismantle and remove the platform at the end of its useful life in 10 years. Vaughn estimates it will cost $972,000 to dismantle and remove the platform at the end of its useful life in 10 years. (The fair 13 value at January 1, 2018, of the dismantle and removal costs is $437,400.) Prepare the entry to re retirement obligation. (If no entry is required, select "No Entry" for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually) st of $1 s and pl account titles and enter 0 for the ssion) :2 -9 (Part he platf ee answ Debit Credit Account Tities and Explanation n) erects a i cost of 3-12 Click if you would like to Show Work for this question: Open Show Work