Jerry Smith (SSN 270-00-1136) is the owner of Gemco Manufacturing Company. Prepare depreciation worksheet (for the current year only) and complete Form 4562 for Mr. Smith. Item Purchase date Life Cost Section 179 Basis to Depreciate Machine A 02-17-2009 7-yr 20,000 2,000 18,000 Machine B 07-08-2010 7-yr 25,000 3,000 22,000 Parking Lot 04-01-2010 15-yr 10,000 0 10,000 Building A 01-01-1993 31.5-yr 40,000 0 40,000 Office Furniture 04-05-2012 7-yr 12,000 4,000 8,000 Building B 08-03-2015 39-yr 60,000 0 60,000