At the beginning of 2014, Robotics Inc. acquired a manufacturing facility for $13.4 million. $10.4 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 $2.4 million residual value. Assume that 2014 depreciation was incorrectly recorded as $32,000. This error was discovered in 2016. What is depreciation on the building for 2016?

At the beginning of 2014, Robotics Inc. acquired a manufacturing facility for $13.6 million. $10.6 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 $2.6 million residual value. In 2016 the company switched to the double-declining-balance depreciation method.

What is depreciation on the building for 2016?