O'Reilly Corp. purchased a mine on January 1, 2016, for $530,000. The mine is estimated to contain 39,000 tons of iron ore. There is no residual value. The business extracted and sold 9,500 tons of ore in 2016 and 13,800 tons of ore in 2017. What is the book value of the mine at the end of 2017? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) OA. $371,000 B. $452,000 O C. $530,000 D. S213353