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Required information The following information applies to the questions displayed below] Tory Enterprises pays $244,400 for equipment that will last five years and have a

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Required information 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. Ey using the equipment in its operations for flve years, the company expects to earn $89.100 annually. after deducting all. expenses except depreciation. Calculare annual depreciation expenses using double-declining-balance method Prepare a table showing income before depreciation, depreciation expense, and net (pretax) income for each yeat and for the tots five-year, period, assuming double-declining-balance depreciation

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