A piece of newly purchased industrial equipment costs $$1,060,000$ and is classified as seven$-$year property under MACRS

$($MACRS Schedule$).$ Calculate the annual depreciation allowances and end$-$of$-$the$-$year book values for this equipment.

Note: Do not round intermediate calculations and round your answers to the nearest whole number, e$.$g$.,32.$ Leave no

cells blank. Enter $"0"$ when necessary.