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A piece of newly purchased industrial equipment costs $ 9 7 0 , 0 0 0 and is classified as seven - year property under

A piece of newly purchased industrial equipment costs $970,000 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 "0" wherever required. Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.)
\table[[Year,Beginning Book Value,Depreciation,Ending Book Value],[1,,,],[2,,,],[3,,,],[4,,,],[5,,,],[6,,,],[7,,,],[8,,,]]
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