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Prepare a table showing income before depreciation, depreciation expense, and net (pretax) income for each yea and for the total five-year period, assuming straight-line
Prepare a table showing income before depreciation, depreciation expense, and net (pretax) income for each yea and for the total five-year period, assuming straight-line depreciation is used. Answer is not complete. Income Before Depreciation Depreciation Expense Net (Pretax) Income Year 1 $ 88,500 $ 95,360 $ 6,860 Year 2 Year 3 88,500 57,216 x 31,284 X 88,500 34,330 x 54,170 x Year 4 88,500 7,894 80,606 X Year 5 88,500 88,500 Totals $ 442,500 $ 194,800 $ 261,420
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