Recording Asset Retirement Obligation

dismantling and removal costs to be $$48,000$ in $10$ years. Prepare the journal entry, if any, that is recorded in this first year relating to the restoration costs. The appropriate discount rate is $6\%.$

Note: Round your answer to the nearest whole number.

Note: If a line in a journal entry isn't required for the transaction, select $"$N$/$A$"$ as the account name and leave the Dr$.$ and Cr$.$ answers blank $($zero$).$