1shin-make: Entering directory '#PWD#'
2#MAKE# -f t001.mk foo
3shin-make[1]: Entering directory '#PWD#'
4#MAKE#
5MAKELEVEL = 1
6#MAKE# -f t001.mk last
7shin-make[2]: Entering directory '#PWD#'
8#MAKE#
9MAKELEVEL = 2
10THE END
11shin-make[2]: Leaving directory '#PWD#'
12shin-make[1]: Leaving directory '#PWD#'
13shin-make: Leaving directory '#PWD#'