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Company A spent $30,000 defending a patent on March 1, 2019. The patent has a legal life of 20 years and a useful life of

Company A spent $30,000 defending a patent on March 1, 2019. The patent has a legal life of 20 years and a useful life of 25 years. What is the amortization expense on December 31, 2019? O $2,000 O $1,250 O $1,667 O $1,500

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