Required information [The following information applies to the questions displayed below.] Tory Enterprises pays $251,400 for equipment that will last five years and have a $44,900 salvage value. By using the equipment in its operations for five years, the company expects to earn $89,800 annually, after deducting all expenses except depreciation. Calculate annual depreciation expenses using double-declining-balance method. repare a table showing income before depreciation, depreciation expense, and net (pretax) income for each year and for the tota ive-year period, assuming double-declining-balance depreciation. Complete this question by entering your answers in the tabs below. Calculate annual depreciation expenses using double-declining-balance method