Riverbed Corp. erected and placed into service an offshore oil platform on January 1, 2020, at a cost of $12 million. Riverbed is legally required to dismantle and remove the platform at the end of its 7-year useful life. Riverbed 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. Account Titles and Explanation Debit Credit (To record depreciation expense) (To record interest expense)