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Required information [The following information applies to the questions displayed below.] Tory Enterprises pays $240,400 for equipment that will last five years and have a $43,800 salvage value. By using the equipment in its operations for five years, the company expects to earn $88,700 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 Depreciation Expense Net (Pretax) Income Year 1 Year 2 Year 3 Year 4 Year 5 Totals $ 0 $ 0 $