Skysong Company purchases an oil tanker depot on January 1, 2025, at a cost of $615,400. Skysong expects to operate the depot for 10 years, at which time it is legally required to dismantle the depot and remove the underground storage tanks. The company estimates the dismantle and removal will cost \$69.510 at the end of the depot's useful life. Prepare any journal entries required for the depot and the asset retirement obligation at December 31,2025 . Skysong uses straight-line depreciation; the estimated salvage value for the depot is zero. (Round answers to O decimal places, es. 5,275. If no entry is required, select "No Entry" for the account titles and enter O for the amounts, Credit occount titles are automatically indented when amount is entered. Donot indent manually. List all debit entries before credit entries.)