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Chapter 7 Homework Part 2.A. Son 14 exto.mheducation.com/ext/map/index.html?con con external browser=DelaunchurishttpsM253A%252F%252Flmris.meducation Homework Part 20 Required information The following information applies to the questions displayed below)

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Chapter 7 Homework Part 2.A. Son 14 exto.mheducation.com/ext/map/index.html?con con external browser=DelaunchurishttpsM253A%252F%252Flmris.meducation Homework Part 20 Required information The following information applies to the questions displayed below) On January 1, 2021. Weaver Corporation purchased a patent for 5264,000. The remaining legales 20 years, but the company estimates the patent will be useful for only six more years in January 2023, the company incurred legal fees of $84000 in successfully defending a patent infringement suit The successful defense did not change the company's estimate of useful life. Weaver Corporation's year-endis December 31 Required: 1. Record the purchase in 2024 amortization in 2021, amortization in 2022 legal fees in 2023 and amomzation in 2023. Of no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) View transactions Journal entry worksheet re to search ot Required: 1. Record the purchase in 2021; amortization in 2021, amortization in 2022, legal fees in 20 required for a particular transaction/event, select "No Journal Entry Required in the fir View transaction list Journal entry worksheet

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