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Archie Co. purchased a framing machine for $53,000 on January 1, 2021. The machine is expected to have a four-year life, with a residual value

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Archie Co. purchased a framing machine for $53,000 on January 1, 2021. The machine is expected to have a four-year life, with a residual value of $6,000 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.) Multiple Choice $18,800 and $28,200 respectively, O $21,200 and $31,800 respectively, $18,800 and $34,200 respectively. $21,200 and $25,800 respectively

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