Archie Co purchased a framing machine for $65,000 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 double-declining-balance method, depreciation for 2021 and book value at December 31, 2021, would be Multiple Choice $32,500 and 532.500 respectively $32.500 and $26.500 respectively 520.500 and 535,500 respectively