Probl A piece of newly purchased industrial equipment costs $979,000 and is classified as seven-year property under MACR

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Probl A Piece Of Newly Purchased Industrial Equipment Costs 979 000 And Is Classified As Seven Year Property Under Macr 1 (35.67 KiB) Viewed 15 times

Probl A piece of newly purchased industrial equipment costs $979,000 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.) Year Beginning Book Value 1 2 3 4 7 8 SSSSSSS Depreciation SSSSSSSS Ending book Value SSSSSSS S