Business, 01.07.2019 19:10 bighoneypadrick
At the beginning of 2016, robotics inc. acquired a manufacturing facility for $13.2 million. $10.2 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 $2.2 million residual value. in 2018, the estimates of useful life and residual value were changed to 20 total years and $620,000, respectively. what is depreciation on the building for 2018?
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At the beginning of 2016, robotics inc. acquired a manufacturing facility for $13.2 million. $10.2 m...
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