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Intangible property may be depreciated or amortized if its use in the business or in producing income is definitely limited in duration. Which of the

Intangible property may be depreciated or amortized if its use in the business or in producing income is definitely limited in duration. Which of the following may not be depreciated or amortized?

1. Patent

2. Baseball

3. Interest in a partnership

4. leasehold

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