ination 1 Help Save & Exit Submit Cutter Enterprises purchased equipment for $45,000 on January 1, 2021. 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 2021 and book value at December 31, 2021, would be: (Do not round depreciation rate per year) 19 Multiple Choice O $13,700 and $27,400 respectively. $15,000 and $30,000 respectively. $15,000 and $26,100 respectively. $13,700 and $31,300 respectively. 13 MacBook Air