Jason's company purchases a building on a lot on April 2 nd 2002, costing a total of $400,000, that includes all preparatory costs. The building on the lot is worth $150,000. Out of desperation and...

Jason's company purchases a building on a lot on April 2^nd 2002, costing a total of $400,000, that includes all preparatory costs. The building on the lot is worth $150,000. Out of desperation and economic conditions that were outside control, his company then sells the lot and building for $500,000 on January 28^th, 2003.

Assuming the building is non-residential real property, calculate the MACRS depreciation for 2002 & 2003.

Show the working clearly.