Ivanhoe Ltd. purchased a delivery truck on May 1, 2021, at a cost of $85,330. The truck is expected to have a residual value of $7,510 at the end of its 4-year, useful life. Ivanhoe has a December 31 year end. Ivanhoe records depreciation to the nearest month. Calculate the depreciation expense using the straight-line method for 2021 and 2022. (Round answers to O decimal places, e.g. 5,275.) Depreciation expense 2021 $ 2022 $