9 On January 2, 2019, Adelphi Company purchased a patent for $150,000 plus $10,000 in legal fees On that date, the patent had a remaining legal life of 13 years Adelphi Company expects to use the patent for 9 years after which time it will be worthless How much is the annual amortization expense for 2019 Round to nearest whole dollar 10 Annapolis Company was recently sold for $490,000 Annapolis had assets liabilities appraised at the time of the sale in the amounts of Item Amount Accounts Receivable assumed by buyer $102,000 Inventory $250,000 Property, Plant Equipment (net) $530,000 Notes Payable assumed by buyer $605,000 Using this information, how much should be recorded as Goodwill for this transaction

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9  On January 2, 2019, Adelphi Company purchased a patent for $150,000 plus $10,000 in legal fees  On that date, the patent had a remaining legal life of 13 years  Adelphi Company expects to use the patent for 9 years after which time it will be worthless How much is the annual amortization expense for 2019 Round to nearest whole dollar  10  Annapolis Company was recently sold for $490,000 Annapolis had assets   liabilities appraised at the time of the sale in the amounts of  Item Amount Accounts Receivable assumed by buyer $102,000 Inventory $250,000 Property, Plant   Equipment (net) $530,000 Notes Payable assumed by buyer $605,000 Using this information, how much should be recorded as Goodwill for this transaction

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9. On January 2, 2019, Adelphi Company purchased a patent for $150,000 plus $10,000 in legal fees. On that date, the patent had a remaining

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