Steel Rolling Corp. purchased a mine, which holds an estimated 39,000 tons of iron ore, on January 1, 2017, for $522,000. The mine is expected to have zero residual value. The business extracted and sold 17,500 tons of ore in 2017 and 15,800 tons of ore in 2018. What is the depletion expense for 2017? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) A. $234,150 B. $172,404 OC. $211,404 OD. $287,670