5) Archie Co. purchased a framing machine for $45,000 on January 1, 2018. 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 2018 and book value at December 31, 2018, would be: A) $18,000 and $27.000. B) $16,000 and $29,000. C) $16,000 and $24,000 D) $18,000 and $22,000