hased equipment on May 1. 2021,for $17000. Residual value at the end of an estimated eight- Taco Hut purc year service life is expected to be $4,000 Calculate depreciation expense using the straight-line method for 2021 and 2022, assuming a December 31 year-end. (Do not round your intermediate calculations. Round your final answers to the nearest whole dollar.) Depreciation Expense Year 2021 2022 2