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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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