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Business, 19.10.2019 04:30 bougiehairstudios

At the beginning of 2014, robotics inc. acquired a manufacturing facility for $12 million. $9 million of the purchase price was allocated to the building. depreciation for 2014 and 2015 was calculated using the straight-line method, a 25-year useful life, and a $1 million residual value. in 2016, the estimates of useful life and residual value were changed to 20 years and $500,000, respectively.

what is depreciation on the building for 2016?

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At the beginning of 2014, robotics inc. acquired a manufacturing facility for $12 million. $9 millio...
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