An office is deciding between two competing copiers. The copiers have the same basic$$ features, but the initial prices and cost per copies are different. The following information has been collected for each$$ copier:

$$

Copier $1$

Copier $2$

Initial installation$$ & setup cost

$$$$4$ comma $300$

$$$$5$ comma $000$

Cost per copy

$$$$0\mathrm{.}080$

$$$$0\mathrm{.}090$

Useful life

$4$ years

$4$ years

Assuming the company will make approximately $335$ comma $000$ copies$$ annually, conduct a total cost of ownership analysis for the two copiers.

Part $2$

The total cost of ownership for the Copier $1$ is $$$

$$

enter your response here. $($Enter your response as a whole number.$)$