On January $1,20$x$3,$ Teradene Corporation purchased equipment for $$59,000.$ The equipment is expected to have a four$-$year life, with a residual value of $$5,000$ at the end of four years.

Using the sum$-$of$-$the$-$years'$-$digits method of depreciation, what is the amount of $20$x$3$ depreciation expense and the book value of this equipment at December $31,20$x$3?$: $($Do not round intermediate calculations.$)$On January $1,203,$ Teradene Corporation purchased equipment for $$59,000.$ The equipment is expected to have

a four$-$year life, with a residual value of $$5,000$ at the end of four years.

Using the sum$-$of$-$the$-$years'$-$digits method of depreciation, what is the amount of $203$ depreciation expense and

the book value of this equipment at December $31,20\backslash$times $3?$: $($Do not round intermediate calculations.$)$

Multiple Choice

$$21,600$ and $$37,400$ respectively.

$$21,600$ and $$32,400$ respectlvely.

$$23,600$ and $$30,400$ respectlvely.

$$23,600$ and $$35,400$ respectively.