Major Liak Ine, purchased a new piece of oquipment on January 1, 2020, that cost $25,000. The estimated useful ife is five years, and estimated residual value is $2,500. I Major Link uses the straght-line method for depreciation, what is the asset's carrying amount at the end of 2021? (Round your answer to the nearest whole dolfar.) A. 518.625 B. $15,000 C. 516,000 D. 513,500