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Find the depreciation for and book value at December

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Question - Cutter Enterprises purchased equipment for $81,000 on January 1, 2021. The equipment is expected to have a five-year life and a residual value of $4,500.

Using the sum-of-the-years'-digits method, find depreciation for 2022 and book value at December 31, 2022?

a. 20400 & 35100

b. 20400 & 30600

c. 21600 & 27900

d. 21600 & 32400

Reference no: EM132604463

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