QC7-4 (similar to) Question Help Assume Wireless Communications purchased a new piece of equipment on January 1, 2014 that cost $65,000. The estimated useful life is ten years and estimated residual value is $5,000. If Wireless uses the straight-line method for depreciation, what is the asset's book value at the end of 2015? O A $48,000 B. $52,000 C. $58,000 OD. $53,000