Novak Company and Flounder Company are two companies that are similar in many respects. One difference is that Novak Company uses the straight-line method and Flounder Company uses the declining-balance method at double the straight-line rate. On January 2,2020, both companies acquired the depreciable assets shown below. Asset Cost Salvage Value Useful Life Buildings $240,000 $10,000 40 years Equipment 130,000 6,000 10 years Including the appropriate depreciation charges, annual net income for the companies in the years 2020, 2021, and 2022 and total income for the 3 years were as follows. 2020 2021 2022 Total Novak Company $78,000 $82,400 $84,000 $244,400 Flounder Company 70,000 68,000 77.000 215,000 Assuming that Flounder Company also uses the straight-line method of depreciation instead of the declining-balance method as in (a), prepare comparative income data for the 3 years. Novak Company Flounder Company Year 2020 $ 2021 $ 2022 Net Income $ $ Net Income