the first collum is correct

[The following information applies to the questions displayed below) Tory Enterprises pays $245,400 for equipment that will last five years and have a $44,300 salvage value. By using the equipment in its operations for five years, the company expects to earn $89,200 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 Year 2 Year 3 Year 4 Year 5 Totals Income Before Depreciation Net (Pretax) Depreciation Expense Income $ 89 200 $ 40,220 89,200 40,220 89 200 40,220 89,200 40,220 89,200 40,220 $ 446,000 $ 201,100 $ 0