Brief Exercise 11-10 Change in estimate; useful life of equipment [L011-5] faclitytor 513 s to the budg epeciaton fer At the beginning of 2016, Robotics Inc. acquired a manufacturing facility for $13.9 million. $10.9 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 $2.9 million residual value. In 2018, the estimates of useful life and residual value were changed to 20 total years and $690,000, respectively What is depreciation on the building for 2018? (Round answer to the nearest whole dollar.) Depreciation $ 549,444