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intangible assets Patents $ 5 , 4 0 0 9 years useful - life, Trademark $ 1 2 , 0 0 0 indefinite, Licensing Rights

intangible assets Patents $

5, 400 9

years useful

-

life, Trademark $

12, 000

indefinite, Licensing Rights $

66, 000 6

years useful

-

life show how these assets and any related expenses should be reported on the balance sheet for the curreent year

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