DEPRECATIOH 1 On January 2, 2010 York Industries purchased copier equipment for 9100, 000. York expects the equipment to last five years, or 1,000,000 copies. The estimated residual value is $23,000 at the end of five years. York'a year end is December 31. The following copies were nade over the five year period. 2010 2012 250,000 2012 450,000 2013 150,000 2014 100, 000 50,000 a Prepare a depreciation schedule for the 5 year period using the declining balance method. Show Table. (13 points) potae aciniaghailanca athad. hos resz b Prepare the journal entry to record depreciation expense at the end of 2012. (2 points) Con January 3, 2015 York Industries sold the copier equipment to The Old Accountant's Retirement Home for 15,000. Calculate the gain or loss on the sale (3 points) Prepare the journal entry to record the sale. (2 points) Using the information from Question 1 a Compute the annual depreciation and carrying value for the new copier for each of the first 3 years using the production method. (15 points)