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In early January 2 0 2 4 , Bramble Corporation applied for a trade name, incurring legal costs of $ 1 6 , 2 0
In early January BrambleCorporation applied for a trade name, incurring legal costs of $ In January Brambleincurred $of legal fees in a successful defense of its trade name.
Compute the amortization and the book value, assuming that at the beginning of Brambledetermines that the trade name will provide no future benefits beyond December
Ignoring the response for part b compute the amortization and the book value, assuming that at the beginning of based on new market research, Bramble Corporation determines that the fair value of the trade name is $
Estimated total future cash flows from the trade name is $ on January Your answer is incorrect.
Compute the amortization and the book value, assuming that at the beginning
of Bramble determines that the trade name will provide no future benefits beyond
December
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