A CNC machine costs $240,000. A facility purchases one and plans to use it for 11 years, at which point it will have a salvage value of $43,000. What are the depreciation allowance and book value after 4 years of use using declining balance depreciation? Depreciation allowance: ta Book value: Carry all interim calculations to 5 decimal places and then round your final answers to a whole number. The tolerance is 70. e Textbook and Media Assistance Used Hint Assistance Used Calculate the depreciation percentage that will depreciate the CNC machine to its salvage value in 11 years and then determine whether or not this percentage is permissible by the IRS