On January $2,2023,$ Kellogg Corporation acquired equipment for $$800,000.$ The estimated life of the equipment is $5$ years or $90,000$ hours. The estimated residual value is $$10,000.$ What is the book value of the asset on December $31,2024,$ if Kellogg Corporation uses the straight $-$ line method of depreciation? $($Round any intermediary calculations to two decimal places and your final answer to the neacest dollar.$)$

A$.$ $$800,000$

B$.$ $$642,000$

C$.$ $$790,000$

D$.$ $$484,000$