31 Archie Co. purchased a framing machine for $55,000 on January 1, 2021. The machine is expected to have a four-year life, with a residual value of $2.000 at the end of four years. Using the double-declining-balance method, depreciation for 2022 and book value at December 31, 2022, would be: 2.5 points 01:32:34 Multiple Choice $13,750 and $13,750 respectively. $13,250 and $2,000 respectively. $13,750 and $11,750 respectively. O $13,250 and $41,750 respectively