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What is depreciation on the building

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Question - At the beginning of 2019, Robotics Inc. acquired a manufacturing facility for $12 million. $9 million of the purchase price was allocated to the building. Depreciation for 2019 and 2020 was calculated using the straight-line method, a 25-year useful life, and a $1 million residual value. In 2021, the company switched to the double-declining-balance depreciation method. What is depreciation on the building for 2021?

Reference no: EM132536005

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