On February $12,2024,$ a company purchased the right to remove timber from a $29,000-$acre tract of land over the next four years, and the company estimates no residual value. The timber is to be sold as lumber for new home construction. The cost of the timber rights was $$376,000,$ with estimated salable timber feet of $940,000.$ During $2024$ and $2025,$ the company harvested and sold $750,000$ feet of timber. What is the book value of the timber rights at the end of $2025,$ assuming the company uses the units$-$of$-$production method?

Multiple Choice

$$219,000$

$$76,000$

$$94,000$

$$300,000$