Cutter Enterprises purchased equipment for $81,000 on January 1, 2024. The equipment is expected to have a five-year life and a residual value of $3,900. Using the sum-of-the-years'-digits method, depreciation for 2024 and book value on December 31, 2024, would be:

Note: Do not round the depreciation rate per year.

Multiple Choice $25,700 and $51,400, respectively $27,000 and $50,100, respectively. $25,700 and $55,300, respectively. $27,000 and $54,000, respectively.