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2 13 points 01:47:12 TB MC Qu. 02-78 (Algo) Jorge purchased a copyright for use... Jorge purchased a copyright for use in his business
2 13 points 01:47:12 TB MC Qu. 02-78 (Algo) Jorge purchased a copyright for use... Jorge purchased a copyright for use in his business in the current year. The purchase occurred on July 15th and the purchase price was $84,000. If the copyright has a remaining life of 75 months, what is the total amortization amount Jorge may deduct during the current year? (Assume this is not an asset acquisition to which 197 applies.) References Multiple Choice $0 $6,160 $6,720 O $13,440 None of the choices are correct.
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