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Adexo, a calendar year C corporation, acquired the assets of Martel, also a calendar-year C corporation, on March 1 of the current year. One of

Adexo, a calendar year C corporation, acquired the assets of Martel, also a calendar-year C corporation, on March 1 of the current year. One of the assets acquired was a trademark to which Adexo properly allocated $1,200,000 of the purchase price. What is Adexo's amortization deduction for the current year? a) $30,000 b) $66,667 c) $120,000 d) $80,000

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