torio.com/secured #lockdown nabled: Unit Test 4 Chapters 11-12 i Saved Help Save & Exit Archie Co. purchased a framing machine for $46,000 on January 1, 2021. The machine is expected to have a four-year life, with a residual value of $5,000 at the end of four years. Using the straight-line method, depreciation for 2022 and book value at December 31, 2022, would be: Multiple Choice $10,250 and $20,500 respectively. $10,250 and $25.500 respectively. $11,500 and $18.000 respectively. $11,500 and $23,000 respectively. < Prev 2 of 25 Next >