Leen corporation drilled its first successful well on Lease Y in 2020. Data for lease Y as of December 31, 2020 are as follows: Lease bonus $60,000 IDC cost $250,000 LWE cost $80,000 Production during the year 10,000 bbl Total estimated proved reserves 500,000 bb Total estimated developed reserves 100.000 bbl The amount to be recorded as amortization expenses for 2020 is O A $34,200 OB. $23,903 OC $31,176 D. $30,000