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A Company incurred research and development costs to bring a now product to market in addoon they paid legal lees to acquire a pact on
A Company incurred research and development costs to bring a now product to market in addoon they paid legal lees to acquire a pact on the new product. The paternas a legal life of 10 years. of 20 years and a use DATA Research & development Costs Legal fees paid to acquire Patent How much amortization expense should they record in the first year? $15,000 $2.500 $5,000 $20,000 $10,000 $150,000 $ 50.000
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