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Given the below, what is total amortization expense for the current year? All items were acquired at the beginning of the current year. Goodwill of
Given the below, what is total amortization expense for the current year? All items were "acquired" at the beginning of the current year. Goodwill of $100. Patent of $50 with an expected life of 5 years. Inventory of $60, with an expected life of 3 years. Trademark of $40, with a legal life of 5 years, renewable indefinitely. Trademark holder will let trademark expire.
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