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A piece of newly purchased industrial equipment costs $ 9 8 0 , 0 0 0 and is classified as seven - year property under

A piece of newly purchased industrial equipment costs $980,000 and is classified as seven-year property under MACRS (MACRS Schedule). Calculate the annual depreciation allowances and end-of-the-year book values for this equipment.
Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g.,32. Leave no cells blank Enter "0" when necessary.
\table[[Year,\table[[Beginning],[Book Value]],\table[[Depreciation],[Allowance]],\table[[Ending Book],[Value]]],[1,$,980,000,,],[2,,839,958,,],[3,,634,252,,],[4,,523,322,,],[5,,457,959,,],[6,,417,063,,],[7,,379,861,,],[8,,,,]]
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