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Blossom Corporation purchased a limited-life intangible asset for $336000 on May 1, 2024. It has a useful life of 10 years. What total amount


 

Blossom Corporation purchased a limited-life intangible asset for $336000 on May 1, 2024. It has a useful life of 10 years. What total amount of amortization expense should have been recorded on the intangible asset by December 31, 2026 if the straight-line method is used?

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