Tory Enterprises pays $254.400 for equipment that will last five years and have a $45,200 salvage value. By using the equipment in its operations for five years, the company expects to earn $90,100 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 Prepare a table showing income before depreciation, depreciation expense, nd tax) income for each year and for the total five year period, assuming double-declining balance depreciation. (Net loss should be entered with a minus sign.). Income Before Depreciation Net (Pretax) Depreciation Expense Income (Loss) Year 1 $ 90,100 $ 41,840 48,260 Year 2 90.100 41,840 48 260 Year 3 90.100 41,840 48,260 Year 4 90,100 41.840 48,260