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2 (1 point) Saved Mackerel Corporation began operations in 2019 and incurred $37,000 in organization costs that have an indefinite economic life. How should Mackerel
2 (1 point) Saved Mackerel Corporation began operations in 2019 and incurred $37,000 in organization costs that have an indefinite economic life. How should Mackerel account for these costs? Expense the costs Use the effective interest method Capitalize the costs Designate the costs as FVOCI
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