Sharper Company purchased equipment for $66,000 on January 1, 2022. The equipment is expected to have a five-year life and a residual value of $8,100. What would the depreciation be for 2022 using the sum-of-the-years-digits method? What would the book value of the asset be at December 31, 2022, under that method? (Do not round depreciation rate per year) Multiple Choice

a. $22,000 and $44,000 respectively.

b. $19,300 and $46,700 respectively.

c. $22,000 and $35,900 respectively.

d. $19,300 and $38,600 respectively.