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During the past two years, through extensive advertising and improved customer relations, Extreme Corporation estimated that it had developed customer goodwill worth $400,000. For the

During the past two years, through extensive advertising and improved customer relations, Extreme Corporation estimated that it had developed customer goodwill worth $400,000. For the current year, 2008, determine the amount of goodwill Extreme Corporation may amortize. a. $13,336. b. $20,000. c. $26,667. d. $80,000. e. None of the above

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