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At the beginning of 2016, Robotics Inc. acquired a manufacturing facility for $12.9 million. $9.9...

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Accounting

At the beginning of 2016, Robotics Inc. acquired a manufacturing facility for $12.9 million. $9.9 million of the purchase price was allocated to the building. Depreciation for 2016 and 2017 was calculated using the straight-line method, a 25-year useful life, and a $1.9 million residual value. In 2018, the company switched to the double-declining-balance depreciation method. What is depreciation on the building for 2018?

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