A plece of newly purchased industrial equipment costs $968,662.00 and is classiffed as a seven-year property under MACRS. What is the book value of this plece of equipment at the end of year 3 ? Answer format: Cunroncy: Round to: 2 decimal places. A firm purchases a new work cell for $360,489.00. The asset will be depreciated using a 3-year MACRS schedule. What is the book value of the asset after the third year? (Assume that there is no depreciation allowed at year 0 ) Answer format: Currency: Round to: 2 decimal places. A firm buys a piece of equipment for $115,926.00 and will straight-line depreclate it to zero over five years. If the tax rate is 40,00%, what is the present value of the depreciation tax shield if the cost of capital is 11.00% ? Answer format: Currency: Round to:2 decimal places