Marigold Corp. erected and placed into service an offshore oil platform on January 1, 2020, at a cost of $11 million. Marigold is legally required to dismantle and remove the platform at the end of its 9-year useful life. Marigold estimates that it will cost $1 million to dismantle and remove the platform at the end of its useful life and that the discount rate to use should be 6%. Use (a) factor Table A.2, (b) a financial calculator, or (c) Excel function PV. Ignore production related costs for this question. Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1.