Cutter Enterprises purchased equipment for $69,000 on January 1, 2021 The equipment is expected to have a five year ite and a residual value of $5.000. Using the sum of the years-digits method depreciation for 2021 and book value at December 31, 2021, would be (Do not round depreciation rate per year Multiple Chalce $21,200 and 517,800 respectively $23,000 and $46,000 respectively $23,000 and $40,600 respectively $21.200 and $42.400 respectively