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Assume that Bethany acquires a patent for $25,000 on March 31st which has a 10 year life. What is Bethany's amortization expense for the current

Assume that Bethany acquires a patent for $25,000 on March 31st which has a 10 year life. What is Bethany's amortization expense for the current year?

Taylor LLC purchased an automobile for $55,000 on July 5, 2018. Taylor's maximum depreciation expense, excluding 179 expense and bonus depreciation, for 2018 if it business use percentage is 100 percent?

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