Arco Energy Company is erecting an oil platform off the coast of Texas. Arco is legally required to dismantle and remove the platform at the end of its 10 -year useful life. Arco estimates dismantling and removal costs to be $2,000,000. Based on a 9% discount rate, the fair value of the ARO is estimated to be $844,820. What amount would be recorded as accretion expense in the first year? A) $20,000 B) $84,482 C) $200,000 D) $76,034