20.euuLULIUILLUM in LinkedIn Hi Handshake Microsoft Office Ho... YouTube ps Student Portal Login Dashboard value: 10.00 points A piece of newly purchased industrial equipment costs $977,000 and is classified as seven-year property under MACRS. The MACRS depreciation schedule is shown in Table 10.7. Calculate the annual depreciation allowances and end-of-the-year book values for this equipment. (Leave no cells blank - be certain to enter "0" wherever required. Round your answers to 2 decimal places: (e.g., 32.16)) Year Beginning Book Value 1 Depreciation Ending book Value $ $ $ 3 4 0 0 0 0 0 0 5 6 7 8 Seven-Year 14.29% Property Class Three-Year Five-Year 33.33% 20.00% 44.45 32.00 14.81 19.20 7.41 11.52 11.52 5.76 24.49 17.49 12.49 8.93 8.92 8.93 4.46