Archie Co. purchased a framing machine for $45,000 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. $22,500 and $22,500 respectively. $22,500 and $17,500 respectively. $20,000 and $25,000 respectively. $20.000 and $20,000 respectively