A company purchased mineral assets holding approximately 240,000 tons of ore for $840,000. The estimated residual value of the assets is zero. During the first year, 52,500 tons are extracted and 36,750 sold. What is the book value of the minerals at the end of the first year? (Round intermediary calculations to two decimal places. X.XX and your final answer to the nearest whole dollar.) O A. $711,375 OB. $656,250 OC. $840,000 OD. $183,750