Question: Brief Exercise 1 1 - 1 5 ( Algo ) Change in principle; change in depreciation method [ LO 1 1 - 6 ] At

Brief Exercise 11-15(Algo) Change in principle; change in depreciation method [LO11-6]
At the beginning of 2022, Robotics Incorporated acquired a manufacturing facility for \(\$ 14.0\) million. \(\$ 11.0\) million of the purchase price was allocated to the building. Depreciation for 2022 and 2023 was calculated using the straight-line method, a 20-year useful life, and a \(\$ 3.0\) million residual value. In 2024, the company switched to the double-declining-balance depreciation method.
What is depreciation on the building for 2024?
Note: Do not round intermediate calculations. Enter your answer in whole dollars rounded to the nearest whole number.
Brief Exercise 1 1 - 1 5 ( Algo ) Change in

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