Required information

$[$The following information applies to the questions displayed below.$]$

On February $17$ 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 $$1,302,500$;$$295,000$ was allocated to the basis of the land and the remaining $$1,007,500$

was allocated to the basis of the building. $($Use MACRS Table $1,$ Table $2,$ Table $3,$ Table $4$ and Table $5.)$

Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.

d$.$ Assume the building was purchased and placed in service on February $17$ of year $1$ and is residential property.