On March 1, 2020, Wireless Link Inc. purchased a new piece of equipment that cost $60,000. The estimated useful equipment for $35,500 on March 1, 2024. Based on the result of the sale of the equipment, what gain (or loss) will O A. $3,500 OB. $(14,000) O C. $0 OD. $24,500 eight years, and estimated residual value is $4,000 Assume that Wireless Link uses the straight-line method of depreciation and sells the -s Link realize? A equipment for $35,500 on March 1, 2024. Based on the result of the sale of the equipment, what gain (or loss) will Wireless Link realize O A. $3,500 B. $(14,000) C. $0 OD. $24,500