XYZ Co. Ltd. pays $500 000 for land that contains an estimated 500 000 board feet of timber. The land can be sold for $100 000 after the timber has been cut. If XYZ harvests 200 000 board feet in the year of purchase, how much depletion should be recorded?______.
A. $160 000
B. $200 000
C. $100 000
D. $80 000