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 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 $21,200 and $33,800 respectively $22,000 and $33,000 respectively. $22,000 and $31,000 respectively. $21,200 and $31,800 respectively.