Nuclear Plant is required to established an asset retirement obligation on January 1, 20X1 The following information is the best estimate of the future payments Annual obligation upon retirement 250,000 Interest rate 5 0 Number of payments 4 Years until retirement 25 What is the asset retirement obligation for this company on January 1, 20X1

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Nuclear Plant is required to established an asset retirement obligation on January 1, 20X1. The following information is the best estimate of the future payments.

Annual obligation upon retirement	250,000
Interest rate	5.0%
Number of payments	4
Years until retirement	25

What is the asset retirement obligation for this company on January 1, 20X1?

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