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Crane Company, organized in 2 0 2 5 , has set up a single account for all intangible assets. The following summary discloses the debit

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Crane Company, organized in 2025, has set up a single account for all intangible assets. The following summary discloses the debit entries that have been recorded during 2025:
\table[[12?25,Purchased pate
nt (8-year life),$593,000
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