Tory Enterprises pays $241,400 for equipment that will last five years and have a $43,900 salvage value. By using the equipment in its operations for five years, the company expects to earn $88,800 annually, after deducting all expenses except depreciation. Calculate annual depreclation expense using double-declining-balance method. Prepare a table showing income before depreclation, depreciation expense, and net (pretax) income for each year and for the total ive-ypar period, assuming double-declining-balance depreciation is used. Calculate annual depreciation expenses using double-declining-balance method. (Round Annual Depreciation to the nearest whole dollar.) Prepare a table showing income before depreciation, depreciation expense, and net (pretax) income for each year and for the total five-year period, assuming double-declining-balance depreciation is used. (Net loss should be entered with a minus sign.)