In August 2020, Heavy-lift Helicopters Ltd. purchased a new helicopter for its logging and heavy lift operations at a cost of $ 1.272 million. Based on past experience, management has determined that the helicopter will have a useful life of 13,400 flying hours, at which time it will have an estimated residual value of $ 200,000. During 2020, the helicopter was used for 1,340 flying hours, and in 2021 it was used for 1,590 flying hours. Heavy-lift Helicopters has a December 31 year end and uses the units-of-production method of depreciation for its helicopters. Determine the depreciation expense on this helicopter for 2021 and its carrying amount at December 31, 2021.

		2021
Depreciation expense		$
Carrying amount		$