Problem 2 [25 Points: KWC started business on June 31, 2010 by purchasing a building for $400,000 ($300,000 for the building and $100,000 for the land). On July 1, 2010, the company purchased multi-purpose machines for $600,000. Those machines fall into the 5-year MACRS category. On October 4, 2011, KWC purchased a residential property for its workers for $500,000 ($400,000 for the building and $100,000 for the land). Later, on June 2, 2015, KWC sold the company (all assets were sold) for $1,000,000. Compute the MACRS depreciation and book values for all assets for the years during which KWC owned the company