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Liohkaya Corp. purchased a muluzulu machine for $45,000 on January 1, 2018. The machine is...

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Accounting

Liohkaya Corp. purchased a muluzulu 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 sum-of-the years'-digits method, depreciation for 2019 and book value at December 31, 2019, would be:

Group of answer choices

$13,500 and $8,500.

$13,500 and $13,500.

$12,000 and $17,000.

$12,000 and $12,000.

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