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49. Rich Corporation purchased a limited-life intangible asset for $450,000 on May 1, 2019. It has a useful life of 10 years. Calculate amortization expense

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49. Rich Corporation purchased a limited-life intangible asset for $450,000 on May 1, 2019. It has a useful life of 10 years. Calculate amortization expense for 2019 and 2020

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