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A piece of newly purchased industrial equipment costs $984,000 and is classified as seven-year property under MACRS. The MACRS depreciation schedule is shown in Table

A piece of newly purchased industrial equipment costs $984,000 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.)

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ation.com Hw Ch 10 and 12 Hw Ch 10 and 12 Help Save & Exit Submit Check my work 5 A piece of newly purchased industrial equipment costs $984,000 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.) 0.71 03:42:49Year Year Beginning Book Value Depreciation Ending book Value 6 Graw

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