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. By using the equipment in its operations for five years, the company expects to earn $89,100 annually, after deducting all expenses except depreciation Prepare a table showing ncome before depreciation, depreciation expense, and net (pretax) income for each year and for the total five-year period, assuming straight-line depreciation is used. Income Before Depreciation Yeart Year 2 Year 3 Year 4 Years Total Depreciation Not (Preta Expense Income $ 40,040 40,040 40,040 40,040 40,040 200,200 $ ces 5 0 0