A piece of newly purchased industrial equipment costs $969,000 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.) Answer is complete but not entirely correct. Year Beginning Book Value Depreciation Ending Book Value 969,000.00 $ 138,470.10 830,529.90 237,308.10$ 593,221.80 $169,478.10$ 23,743.70 121,028.10$ 302,715.60 86,531.70 $ 216,183.90 86,531.70 X$ 129,652.20 86,531.70$ 43,120.50 X 830,529.90 593,221.80 0 423,743.70 302,715.60 0 216,183.90 129,652.20 43,120.50 2 3 4 7 8 43,120.50 X 0.00