Table $9\mathrm{.}7$ Modified ACRS depreciation allowances

$\backslash$table$[[$Year$,$Property Class$],[3-$Year,$5-$Year,$7-$Year$],[1,33\mathrm{.}33\%,20\mathrm{.}00\%,14\mathrm{.}29\%$

A plece of newly purchased industrial equipment costs $$990,000$ and is classified as seven$-$year property under MACRS $($MACRS ischedule$).$ Calculate the annual depreclation allowances and end$-$of$-$the$-$year book values for this equipment.

Note: Do not round Intermedlate calculations and round your answers to the nearest whole number, e$.$g$.,32.$ Leave no cells blank. Enter $"0"$ when necessary.

$\backslash$table$[[$Year$,\backslash$table$[[$Beginning$],[$Book Value$]],\backslash$table$[[$Depreciation$],[$Allowance$]],\backslash$table$[[$Ending Book$],[$Value$]]],[1,,,],[2,,,],[3,,,],[4,,,],[5,,,],[6,,,],[8,,,]]$