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Alpha Dog has $62,000 of goodwill on its books as the result of the acquisition of Pet Shopper. The acquisition has an estimated useful ife
Alpha Dog has $62,000 of goodwill on its books as the result of the acquisition of Pet Shopper. The acquisition has an estimated useful ife of 25 years. If the acquisition were to be made today, the goodwill would be about $8,000 more than it was originally. What is the amount of goodwill amortization that must be deducted this year? Multiple Choice $8,000 $2,160 $0 $2,480 $2,800
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