The correct answer is formatted as a 4 number fasb codification.

Black Tar Corporation has an asset retirement obligation (ARO) related to its oil drilling operations. Black Tar has not been able to determine the fair value of the ARO. Is Black Tar required to recognize an ARO liability? Enter your response in the answer fields below. Guidance on correctly structuring your response appears above and below the answer fields. Type the topic here. Correctly formatted FASB ASC topics are 3 digits. FASB ASC O Some examples of correctly formatted FASB ASC responses are 205-10-05-1, 323-740-525- 1.260-10-50-1A, 715-30-35-95, 820-10-35-16BB and 810-10-55-205AE