View Policies Current Attempt in Progress Wildhorse Department Store determines it will cost $98,000 to restore the area (considered a land improvement) surrounding one of its store parking lots, when the store is closed in 2 years. Wildhorse estimates the fair value of the obligation at December 31.2025, is $81.000. Prepare the journal entry to record the asset retirement obligation. (Credit occount titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount tities and enter O for the amounts. List debit entry before credit entry)