In 2025 , NewLife Landfill purchased a new landfill site. As part of the purchase, they determine future remediation costs of $500,000. The landfill has an estimated life of 25 years. NewLife's cost of capital is 8%. The present value of a single amount at 8% for 25 years is .14602. The present value of an ordinary annuity at 8% for 25 years is 10.67478 . If NewLife did not record the ARO liability correctly, determine the impact for each item listed below and indicate the effect of the error (if any) in the blanks provided by using the appropriate terms