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Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below. ] Tory Enterprises pays $244,400 for equipment that will last five years and have a $44,200 salvage value. By using the equipment in its operations for five years, the company expects to earn $89,100 annually, after deducting all expenses except depreciation. Exercise 8-9 Straight-line depreciation and income effects LO P1 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. 0 Answer is complete but not entirely correct. 97,7600 $ (sesame