A company purchases new cement manufacturing assets that cost $28 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 1 million Book value at the end of year 1 : million Depreciation allowance at the end of year 3 : million Book value at the end of year 3 : $ million Carry all interim calculations to 5 decimal places and then round your final answers to 3 decimal places. Please enter your answers in millions of dollars. The tolerance is 0.010