Business
Business, 07.12.2019 03:31, please1133

Archie co. purchased a framing machine for $45,000 on january 1, 2018. 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 2019 and book value at december 31, 2019, would be: a. $10,000 and $20,000
b. $10,00 an $25,000
c. $11,250 and $17,500
d. $11,250 and $22,500

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