Tamarisk Company has been having difficulty obtaining key raw materials for its manufacturing process. The company therefore signed a long$-$term noncancelable purchase commitment with its largest supplier of this raw material on November $30,2025,$ at an agreed price of $$411,600.$ At December $31,2025,$ the raw material had declined in price to $$374,190.$

What entry would you make on December $31,2025,$ to recognize these facts? $($List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No entry" for the account titles and enter $0$ for the amounts.$)$

$\backslash$table$[[$Date$,$Account Titles and Explanation,Debit$],[$Dec$.31,,]]$