Property Class 3 year 7 year 33.33% 44.45 14.81 7.41 20.00% 32.00 19.20 11.52 11.52 5.76 4. 5 6 14.29% 24.49 17.49 12.49 8.93 8.92 8.93 4.46 work mode : This shows what is correct or incorrect for the work you have completed so far. It A piece of newly purchased industrial equipment costs $745,000 and is classified as seven-year property under MACRS. The MACRS depreciation schedule is shown in the MACRS Table Fill in the following table. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Leave no cells blank. Enter "O" when necessary.) X Answer is complete but not entirely correct. Beginning Year 1 2 3 4 Beginning Book Value $ 745,000.00 $ 638,539.50 457,579.00 X 327,278.50 X 234,228.00 167,699.50 101,245.50 34,717.00 Depreciation Allowance 106,460.50 180,960.50 130,300.50 93,050.50 66,528.50 66,454.00 66,528.50 33,227.00 Ending Book Value $ 638,539.50 457,579.00 X 327,278.50 X 234,228.00 X 167,699.50 X 101,245.50 X 34,717.00 X 1,490 x 5 6 O 7 8