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what would is the total amortization expense he could deduct during the current year

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solution


Question

Ted bought a copyright in the current year for his business. Purchased the copyright on July 15th for $78,000. The remaining life on the patent is 75 months, what would is the total amortization expense he could deduct during the current year?

 

Paper#20843 | Written in 18-Jul-2015

Price : $32
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