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A piece of newly purchased industrial equipment costs $1,020,000 and is classified as seven-year property under MACRS. The MACRS depreciation schedule is shown in the MACRS Table Calculate the annual depreciation allowances and end-of-the-year book values for this equipment. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32. Leave no cells blank. Enter "0" when necessary.) Year Beginning Book Value 1 2 Depreciation Ending Book Allowance Value $ 145,758/ $ 874,242 249,798 624.444 178,398 446,046 127,398 318,648 91,086 227,562 90,984 136,578 91,086 45,492 45,492 0 4 5 6 7 8 8 Property Class 5-Year Year 3-Year 7-Year 33.33% 44.45 14.81 7.41 00 OU AWN- 20.00% 32.00 19.20 11.52 11.52 5.76 14.29% 24.49 17.49 12.49 8.93 8.92 8.93 4.46 7