$解:(1)根据题意知p= \frac{a+b+c}{2} =9,$
$ \begin{aligned}所以S&=\sqrt {p(p-a)(p-b)(p-c)} \\ &=\sqrt{9×(9-7)×(9-5)×(9-6)} \\ &=6 \sqrt{6}, \\ \end{aligned}$
$∴△ABC的面积为6\sqrt{6}.$
$(2)∵S=\frac{1}{2}ch_1=\frac{1}{2}bh_2=6\sqrt{6},$
$∴\frac{1}{2}×6h_1=\frac{1}{2}×5h_2=6\sqrt{6},$
$∴h_1=2\sqrt{6},h_2=\frac {12}{5}\sqrt 6,$
$∴h_1+h_2=\frac {22}{5}\sqrt 6.$