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In early January 2019, Culver Corporation applied for a trade name, incurring legal costs of $15.400. In January 2020, Culver incurred $9.000 of legal fees

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In early January 2019, Culver Corporation applied for a trade name, incurring legal costs of $15.400. In January 2020, Culver incurred $9.000 of legal fees in a successful defense of its trade name. Compute 2019 amortization, 1231/19 book value 2020 amortization and 12/31/20 book value if the company amortizes the trade name over 10 years 2019 amortization $ 2560 12/31/19 book value $ 13860 2020 amortization 2540 12/31/20 book value 5 20320 eTextbook and Media Compute the 2020 mortization and the 12/31 20 book value assuring that at the beginning of 2020. Curwer determines that the trade name will provide no future benefits beyond December 31, 2023 2020 motor 5 1231 2050 3. Compute the 2020 amortization and the 12/31/20 book value, assuming that at the beginning of 2020, Culver determines that the trade name will provide no future benefits beyond December 31, 2023 2020 amortization $ 12/31/20 book value $ eTextbook and Media Ignoring the response for part (compute the 2021 amortization and the 12/31/21 book value, assuming that at the beginning of 2021, based on new market research. Culver determines that the fair value of the trade name is $15.840. Estimated total future cuin iows from the trade name is $16.840 on January 3 2021 2021 mortisation 5 12/31/21 book value

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