Required information Problem 02-51 (LO 02-2) (Algo) [The following information applies to the questions displayed below) On January 16 of year 1, Javier purchased a building including the land it was on to assemble his new equipment. The total cost of the purchase was $1,346,000: $386,000 was allocated to the basis of the land and the remaining 5960.000 was allocated to the basis of the building (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.) Problem 02-51 Part d (Algo) d. Assume the building is residential property Using MACRS, what is Javier's depreciation deduction on the building for years through 37 Depreciation Expanse Year 1 Year 2 Year