Gunk Co. reported an asset retirement obligation on its 2019 financial statements. The company estimates that it will need to spend $421 to retire this asset at the end of 2030. The company's discount rate is 7.0%.

Record the journal entry for the accretion expense related to the asset retirement obligation for Gunkin 2020.(Check all that apply.)

Dr. Asset retirement obligation -- $14.0

Cr. Asset retirement obligation -- $14.0

Dr. Accretion expense -- $29.5

Cr. Interest payable -- $14.0

Dr. Interest expense -- $15.5

Dr. Accretion expense -- $14.0

Cr. Asset retirement obligation -- $29.5