Cuter Enterprises purchased equipment for $96.000 on January 1, 2021. The equipment is expected to have a five-year life and a residual value of $3,300 Using the double-declining-balance method. depreciation for 2025 and the book value at December 31, 2021, would be 4 Mutple Choice $3700 $58.320respectiv $38.400 and $57000 $38.400 and $54.300pectiv 537080 and $20