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Deena purchased a small business in 2004. One of the assets was goodwill, the cost of which was $300,000. For 2014, Deena may deduct amortization
Deena purchased a small business in 2004. One of the assets was goodwill, the cost of which was $300,000. For 2014, Deena may deduct amortization of how much?
a. $-0-
b. $20,000
c. $10,000
d. $30,000
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