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do part C please! thank you. In early January 2019. Bridgeport Corporation applied for a trade name, incurring legal costs of $16.200 Inary2020. Bridgeport incurred
do part C please! thank you.
In early January 2019. Bridgeport Corporation applied for a trade name, incurring legal costs of $16.200 Inary2020. Bridgeport incurred $7.920 of legal fees in a successful defense of its trade name (a) Your answer is correct Compute 2019 amortization 12/31/19 hook value, 2020 amortization, and 12/31/20 book value at the company mortises the trade name over 10 years 2019 amortization 120 12/31/19 book value 5 2020 amortization $ 500 12/31/20 book value $ 2000 eTextbook and Media Attempts: 3 of used 0,67/1 111 E 1 (b) Your answer is correct. Compute the 2020 amortization and the 12/31/20 book value assurning that at the beginning of 2020. Bridgeport determines that the trade name will provide no future benefits beyond December 31, 2023 2020 amortization 50 12/31/20 book value 5 160 e Textbook and Media Attempts: 3 of 5 used (c) Attempts: 3 of 5 used (c) Ignoring the response for part (bl. compute the 2021 amortization and the 12/31/21 book value, assuming that at the beginning of 2021, based on new market research, Bridgeport determines that the fair value of the trade name is $14.640. Estimated total future cash flows from the trade name is $15,840 on January 3, 2021 2021 amortization $ 12/31/21 book value $ e Textbook and Media Save for later Attempts: 0 of 5 used Submit A Step by Step Solution
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