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 $112,000. What is the book value of the machine at the end of 2019 if the company uses the straight-line method of depreciation? O A. $686,800 OB. $641,996 OC. $574,800 OD. $642,000