During 2024. Splish constructed a small manufacturing facility specifically to manufacture one particular accessory. Splish paid the construction contractor $5,269,000 cash (which was the total contract price) and placed the facility into service on January 1,2025. Because of technological change, Splish 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, Splish remediate the facility so that it can be used as a community center. Splish estimates the cost of remediation will be $424,800. Splish 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 account titles 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 0 for the amounts. List all debit entries before credit entries. Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places e.g. 5.125.)