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ABC. Co. is acquiring XYZ Inc. XYZ has the following intangible assets: Patent on a product that is deemed to have no useful life 10,000
ABC. Co. is acquiring XYZ Inc. XYZ has the following intangible assets:
Patent on a product that is deemed to have no useful life 10,000
Customer List with an observable fair value of 50,000
A 5-year operating lease with favorable terms with a discounted present value of 8,000
Identifiable R&D of 100,000
ABC will record how much for acquiring intangible assets from the purchase of XYZ Inc.?
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