2- On 10/2/2014, Jack paid $120000 for a residential rental property. This purchase price represents $100000 for the cost of the building and $20000 for the cost of the land. On 2/13/2017, he sold the property for $130000. Compute the MACRS depreciation for each year of the four calendar years during which Jack owned the property. Hint: Investments in residential rental property are written off in straight-line fashion over 27.5 years.