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A piece of newly purchased industrial equipment costs $ 1 , 3 7 5 , 0 0 0 and is classified as seven - year

A piece of newly purchased industrial equipment costs $1,375,000 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 "O" wherever required. Do
not round intermediate calculations and round your answers to 2 decimal places, e.g.,
32.16.)
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