6 Required information i [The following information applies to the questions displayed below.) Part 1 of 2 8 points eBook Hint Tory Enterprises pays $252.400 for equipment that will last five years and have a $45,000 salvage value. By using the equipment in its operations for five years, the company expects to earn $89,900 annually, after deducting all expenses except depreciation. Prepare a table showing income before depreciation, depreciation expense, and net (pretax) income for each year and for the total five-year period, assuming straight-line depreciation is used. P Income Before Depreciation Depreciation Net (Pretax) Expense Income Beferences Year 1 89,900 Year 2 89,900 Year 3 80.000 Year 4 89,900 Year 5 89,900 Totals $ 449,500 $ 05 0