Cutter Enterprises purchased equipment for $72,000 on January 1, 2024. The equipment is expected to have a five-year life and a residual value of $4,500. Using the sum-of-the-years'-digits method, depreciation for 2025 and book value on December 31, 2025, would be: Note: Do not round the depreciation rate per year. Multiple Choice $19,200 and $24,300, respectively. $18,000 and $31,500, respectively. $19,200 and $28,800, respectively. $18,000 and $27,000, respectively.

Cuther Enterperses purchased equipment for $72,000 on January 1,2024 . The equipment is expected to have a five year life and a residiual value of $4,500 Using the sum-of-the-years-digits method, depreciation for 2025 and book value on December 31, 2025, would be Note: Do not round the depreciation rate per year. Murigle Choice $13,200 and $24,300, tespectively \$3:,000 and 531,500 respectively $19.200 and 528.800 , mitpectivety - $18000 and 527,000 iespectively