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help please On July 1, 2015. Acme industries purchased a smaller company in the same industry. As part of the acquution Acme recorded a patent

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On July 1, 2015. Acme industries purchased a smaller company in the same industry. As part of the acquution Acme recorded a patent asset for $36.000 and a goodwill asset for $54,000. The patet expires in 2033, but Acme has concluded that its economic useful life is 8 years from the purchase date. The goodwill has an indefinite life. How much amortization expense should Acme recognize for these intanpble assets in 2015? 14,500 31.000

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