Sandhill Ltd. purchased a delivery truck on May 1, 2021, at a cost of $73,920. The truck is expected to have a residual value of $7,380 at the end of its 4-year useful life. Sandhill has a December 31 year end. Sandhill 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 $ 11,090 2022 $ 9,242