26 Archie Co. purchased a framing machine for $46,000 on January 1, 2021. The machine is expected to have a four-year life, with a residual value of $5,000 at the end of four years. Using the sum-of-the-years'-digits method, depreciation for 2021 and book value at December 31, 2021, would be: (Do not round intermediate calculations.) 8 01:09:10 Multiple Choice $16,400 and $24,600 respectively. 0 $18,400 and $22,600 respectively. $16,400 and $29,600 respectively. 0 $18,400 and $27,600 respectively