Archie Co. purchased a framing machine for $54,000 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 straight-line method, depreciation for 2022 and book value at December 31, 2022, would be: Multiple Choice $13,500 and $25,000 respectively, $13,000 and $28,000 respectively, $13,000 and $26,000 respectively, $13,500 and $27,000 respectively