The ARO is initially set up as in Example 3. The station is sold on December 15, 2025, with the new owner taking over responsibility for replacing the tank. On the ARO tab, change the Term Type to Early; change the Term Date to December 15, 2025. Click Save ARO, then Save Lease. The ARO Roll Forward report, Journal Entries report, or the spreadsheet form of the Income Statement/ Balance Sheet Detail report shows the termination effect: debit ARC accumulated depreciation for 4,341.39, debit ARO liability for 14,935.33, credit ARC for 6,832.04, and credit 12,444.68 for termination gain.