A company purchases new cement manufacturing assets that cost $27 million. This is classified in the 15-year property class using MACRS-GDS. What would be the depreciation allowance and book value at the end of years 1 and 3 using MACRS with 50% bonus depreciation? Click here to access the TVM Factor Table Calculator. Depreciation allowance at the end of year 1: Book value at the end of year 1: Depreciation allowance at the end of year 3: Book value at the end of year 3: G+ $ 67 million million million million