Required information {The following information applies to the questions displayed below) Tory Enterprises pays $238,400 for equipment that will last five years and have a $43,600 salvage value. By using the equipment in its operations for five years, the company expects to earn $88,500 annually, after deducting all expenses except depreciation 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. Year 1 Yoar 2 Year 3 Year 4 Year 5 Totals Income Before Depreciation Net (Pretax) Depreciation Expense Incomo $ 88,500 88,500 88,500 88,500 88,500 $ 442,500 $ 0 $ 0