Help Seve & Ch Tory Enterprises pays $245,400 for equipment that will last five years and have a $44.300 salvage value. By using the equipment in its operations for five years, the company expects to earn $89,200 annually, after deducting all expenses except depreciation. Exercise 10-10 Double-declining-balance depreciation LO P1 Calculate annual depreciation expenses using double-declining-balance method. (Enter all amounts positive values.) Pegindins ok Depreciation AnnugaAscumcilated Book Period Book Rate Deprecl lation Depreciation Book Value Year 1 Year 2 Year 3 Year 4 Year 5 Total Prepare a table showing income before depreciation, depreciation expense, and net (pretax) income for each year and for the totai five-year period, assuming double-declining-balance depreciation. (Net loss should be entered with a minus sign.) Year 1 Year 2 Year 3 Year 4 Year 5 Totals