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. Calculate annual depreciation expenses using double-declining-balance method. 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. Complete this question by entering your answers in the tabs below. Depreciation Schedule Income Computation Calculate annual depreciation expenses using double-declining-balance method. Depreciation for the Period End of Period Year Beginning of Depreciation Period Book Value Rate Annual Accumulated Book Value Depreciation Depreciation Year 1 Year 2 Year 3 Year 4 Year 5 Total