Michaels and Howard Inc (M&H) operates an adventure tourism company in the Canadian Rocky Mountains. M&H's fiscal year end is December 31, 2012. On June 1, 2012, M&H completed construction of a zip-line. The total construction costs capitalized on the balance sheet totalled $1,700,000. Based on current legislation, M&H is obligated to dismantle the zip-line at the end of its 10 year useful life. A great deal of time and effort was expended developing a reasonable estimate for the cost of dismantling the zip-line in fiscal 2022. The present value of this estimate, based on an interest rate of 10%, was $112,500 on June 1, 2012. M&H depreciates all capital assets using straight-line method. REQUIRED: Complete the chart. Balance reported as "ARO" on the $ balance sheet as of June 1, 2012. Supporting work, if needed: Net Balance reported as "zip-line assets" on the balance sheet as of December 31, 2012. (after depreciation expenses are taken out) $ Supporting work, if needed: $ Amount reported as interest expense on the income statement for the year ending Supporting work, if needed: December 31, 2012