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Ceekay Co. purchased a trademark from Rollings, Inc. for $2,000,000 on January 3,2026 . Brooks Consulting Co. LLC, an independent research company, estimated that the

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Ceekay Co. purchased a trademark from Rollings, Inc. for $2,000,000 on January 3,2026 . Brooks Consulting Co. LLC, an independent research company, estimated that the remaining useful life of the trademark was 10 years. The asset's unamortized cost on Rolling's books was $1,500,000. What amount should be reported as amortization expense for the trademark in CeeKay's 2026 income statement? $200,000$150,000$100,000$75,000

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