On January 1, 2018, Sanderson Company acquired a machine for $1.070,000. The estimated useful life of the asset is five years. Residual value at the end of five years is estimated to be $87,000. What is the book value of the machine at the end of 2019 if the company uses the straight-line method of depreciation? OA 5642,000 OB. 8676,800 OC $641.996 OD $589,800