Sheridan Ltd. purchased a delivery truck on May 1, 2021, at a cost of $76,500. The truck is expected to have a residual value of $7,440 at the end ot its 4-vear usefullite. Sheridan has a December 31 vear end. Sheridan 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: