1 on January 2, 2010 York Industries purchased copier equipment. List price Sales tax Insurace on shipping Product warranty Installation Testing Maintenance plan $ 75,000 6,488 $ 7,500 $ 2,500 4, 405 6,607 5,500 York expects the equipment to last five years, with an estimated residual value of $10,000 at the end of that time. York's year end is December 31. Estimated copies to be made during the life of the copier equipment are 3,600,000. Copies made each year are as follows: 2010 2011 2012 2013 2014 700,000 900,000 1,000,000 600,000 400,000