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Consider the following information for XYZ Company: Sales of $750,000 Cost of Goods Sold $200,000 Selling and Administrative Expenses of $70,000 Operating profit of $150,000.

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Consider the following information for XYZ Company: Sales of $750,000 Cost of Goods Sold $200,000 Selling and Administrative Expenses of $70,000 Operating profit of $150,000. Using the information above, calculate the amortization expense

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