Question: can someone explain to me what I did wrong in this problem because I'm confused. also could you provide the answer Required Information Use the

can someone explain to me what I did wrong in this problem because I'm confused. also could you provide the answer can someone explain to me what I did wrong in this problem

Required Information Use the following information for the Exercises below. [The following information applies to the questions displayed below.) 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 Exercise 8-9 Straight-line depreciation and income effects LO P1 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. Answer is complete but not entirely correct. Year 1 Year 2 Year 3 Year 4 Year 5 Total Income Before Depreciation Net Depreciation Expense (Pretax) Income 89,100 $ 97.760 S (8.600) 89,100 58,656 30.444 89.100 35,194 53,006 89.100 8,500 80,510 19,100 03 89,00 $ 445,500 $ 200,200 5245,300

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