Sheridan Ltd$.$ acquires a new machine. It is comprised of two different components $($ A and $B)$ that are expected to be overhauled at different times.

The acquisition costs of the components are as follows:

Component A: $$198000$

Component B: $$242000$

Component $A$ is expected to have a useful life of $5$ years and a residual value of $$22000$ before the first major overhaul is required. Component B is expected to have a useful life of $7$ years and a residual value of $$18300$ before its first overhaul. Sheridan uses straight$-$line depreciation for all its equipment. What is the net carrying amount of component A after $5$ years?

$$0$

$$59000$

$$22000$

$$20900$