Tory Enterprises pays $$238,400$ for equipment that will last five years and have a $$43,600$ salvage value. By using the equipment in its operations for five years, the company expects to earn $$88,500$ annually, after deducting all expenses except depreciation.

Calculate annual depreciation expense 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 is used.