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14 0.76 points Berry Co. purchases a patent on January 1, 2021, for $43,000 and the patent has an expected useful life of five years
14 0.76 points Berry Co. purchases a patent on January 1, 2021, for $43,000 and the patent has an expected useful life of five years with no residual value. Assuming Berry Co. uses the straight-line method, what is the carrying value of the patent on December 31, 2022? Multiple Choice $28,200. $22,800, $35,800 14 Multiple Choice 0.76 points O $28,200. $22,800. $35.800. $25,800. D
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