In early January 2020, Touch and Go Airways Ltd. purchased a used Bombardier CS300 aircraft for its flight operations. Touch and Go paid $70,600,000 for the plane. After obtaining an appraisal, management allocated the purchase price as follows: $49,300,000 to the plane's engines and $21,300,000 to the fuselage. Based on experience, management has determined that the plane's engines will have a useful life of 50,000 flying hours, at which time they will have an estimated residual value of $10,750,000. The fuselage has a useful life of 30 years and a residual value of $1,920,000. During 2020, the plane was used for 1,000 flying hours and in 2021 it was used for 6,000 flying hours. Touch and G has a December 31 year end and uses the units-of-production method of depreciation for the plane's engines and straight-line depreciation method for the fuselage. Determine the depreciation expense on these assets for 2020 and 2021, along with their carrying amounts at December 31, 2021. Depreciation Expense 2020. Engines $ Fuselage $ Carrying Amounts at Depreciation Expense 2021 December 31, 2021 $ $