Harrison, a facilities manager, would like to purchase a new commercial water filtration system for a building he manages. He estimates this would cost $ 11,000 and would have a salvage value of $ 700 after 8 years of use. Using straight-line depreciation, what would be the depreciation allowance and book value after 7 years of use? Depreciation allowance: $ $ Book value: Carry all interim calculations to 5 decimal places and then round your final answers to 2 decimal places. The tolerance is +3.00