Tory Enterprises pays $251,400 for equipment that will last five years and have a $44,900 salvage value. By using the equipment in its operations for five years, the company expects to earn $89,800 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. Income Before Depreciation Net (Pretax) Depreciation Expense Income Year 1 $ 89,800 Year 2 89,800 Year 3 89,800 Year 4 89,800 Year 5 89,800 Totals $ 449,000 $ $ 0