connect ACCOUNTING Chapter 11 Homework 2. 00 polimts value At the beginning of 2014, Robotics Inc. acquired a manufacturing faclity for $13.3 million. $10.3 milion 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 $2.3 million residual value. In 2016, the estimates of useful life and residual value were changed to 20 years and $630,000, respectively What is depreciation on the building for 2016? (Enter your answer in whole dollars.) Reterences eBook&Resources Worksheet Difficulty 2 Medium