4 While completing undergraduate school work in information systems, Dallin Bourne and Michael Banks decided to start a technology support company called eSys Answers. During year they bought the following assets and incurred the following start-up fees: Skipped Year 1 Asset Computers (5-year) oftice equipment (7-year) Purniture (7-year) Start-up costs Purchase Date October 30, Y1 October 30, Y1 October 30, Y1 October 30. YI Basie $ 15,000 10,000 3,000 17.000 In April of year 2. they decided to purchase a customer list from a company providing virtually the same services, started by fellow information systems students preparing to graduate. The customer list cost $10,000 and the sale was completed on April 30. During their summer break, Dallin and Michael passed on internship opportunities in an attempt to really grow their business into something they could do full-time after graduation. In the summer, they purchased a small von (for transportation, not considered a luxury auto) and a pinball machine (to help attract new employees). They bought the van on June 15, Y2, for $15,000 and spent $3,000 getting it ready to put into service. The pinball machine cost $4,000 and was placed in service on July 1, Y2 Year 2 Assets Van Pinball machine (7-year) Customer list Purchase Date June 15, Y2 July 1, Y2 April 30, Y2 Basis $18,000 4.000 10,000 Assume that eSys Answers does not claim any $179 expense or bonus depreciation (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5.) (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) 4 Required information Complete this question by entering your answers in the tabs below. Sped Red A Regc What is esys Answers' basis in each of its assets at the end of Y?? Adjusted Basis Asset Original Immediate Year 1 con Year 2 Cost Yr 2 Ending Expense Recovery Recovery Basis Computer Equipment Office Equipment Furniture Start-up costs Van Pinball machine Customer List $ 0 $ 05 Totals 0 $ os